Valuetronics Holdings Limited announced the company appointment of Ms Tan Siok Chin as a Non-Executive Director and Mr. Ong Tiew Siam as an Independent Director. The company also announced retirement of Mr. Lim Chin Tong as an Independent Director and Mr. Wu Tak Lung as an Independent Director. Following the retirement of Mr. Lim Chin Tong as an Independent Director of the Company, he ceased to be Chairman of the Remuneration Committee and members of the Audit Committee and Nominating Committee.

Following the retirement of Mr. Wu Tak Lung as an Independent Director of the Company, he ceased to be Chairman of the Nominating Committee and members of the Audit Committee and Remuneration Committee. All the management changes are effect from 22 July 2014.