The Board of Directors of the SingHaiyi Group Ltd., after having reviewed and considered Ms. Ng Kheng Choo's contributions and experience and upon the recommendation of the Nominating Committee, has approved the promotion of Ms. Ng to the Group Chief Operating Officer of the company. Ms Ng will still oversee the finances of the Group until a new Chief Financial Officer is appointed. The company will announce the appointment of the new Chief Financial Officer in due course.

He is responsible for overseeing the overall operations for the Group. From November 2012 to July 2013, he acted as General Manager for the investment in Singapore for Sichuan Chuan Wei Group Ltd.