SingAsia Holdings Limited announced that Mr. Jong Voon Hoo ("Mr. Jong") retired as an independent non-executive Director after the conclusion of the AGM and did not offer himself for re-election at the AGM due to his other commitments. Accordingly, Mr. Jong ceased to act as the chairman of the audit committee of the Company, a member of each of the remuneration committee of the Company and the nomination committee of the Company at the conclusion of the AGM (collectively, the "Retirement").