The board of directors of Swee Hong Limited announced the Mr. Peter Moe will relinquish the Chairmanship of the Nominating Committee with effect from November 17, 2016 and will remain as a member of the Nominating Committee; and Mr. Harish Parameswar, currently the Chairman of the Board and an Independent Director of the Company, be appointed as Chairman of the Nominating Committee with effect from November 17, 2016.