The Board of Blumont Group Ltd. has reviewed and considered Mr. Lee Tak Meng's qualifications, expertise, and experiences and has approved his appointment as the Chief Executive Officer of the company with effect from 17 April 2019. Role and responsibilities: Executive. Responsible for implementing the Group's strategies plans and overseeing the day-to-day operations of the Group.

Working Experience: Period: January 2018 to April 2019 Chief Operating Officer, Treasure Bay Bintan - Landmarks Berhad Period: March 2016 to December 2017 Strategic Director (APBA) and Chief Investment Officer (Restructured Group) - APBA Group Pte Ltd. Period: October 2013 to March 2016 Chief Operating Officer - BTH Group Pte Ltd. Period: January 2012 to March 2013 Chief Financial Officer - Sitra Holdings (International) Ltd. Period: August 2009 to January 2012 Vice Principal (Finance and Administration), Meridian Junior College - Ministry of Education. Siaw Lu Howe has decided to relinquish his executive roles (as Executive Chairman and Chief Executive Officer) in the company. The Board has accepted the Nominating Committee's recommendation on the re-designation of Mr. Siaw to a Non-Executive Director of the company.

Mr. Siaw will remain as the Chairman of the Board of the company with effect from 17 April 2019.