Tiong Woon Corporation Holding Ltd. announced that Mr. Teo Yew Boon will relinquish his position as Group Chief Operating Officer to focus on his other business and personal interest. He shall remain as a Director of the Company until 30 June 2022 and re-designated as Non-Independent and Non-Executive Director of the Company. In the interim, the company's Chief Executive Officer, Mr. Ang Guan Hwa, will take over his portfolio.