Zhongxin Fruit and Juice Limited announced resignation of Tham Mun Chee as Lead Independent Director. To facilitate the Board's renewal process, given that Mr. Tham Mun Chee has served as a Director of the Company for close to nine years. Mr. Tham Mun Chee will resign as the Lead Independent Director and will also cease to be Chairman of the Audit Committee and Remuneration Committee, as well as a member of Nominating Committee.

The Company has identified a suitable candidate to be appointed as the Lead Independent Director in place of Mr. Tham Mun Chee and will make an appropriate announcement upon completion of satisfactory due diligence. Based on its enquiries, the Company's sponsor, UOB Kay Hian Private Limited is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Tham Mun Chee as the Lead Independent Director of the Company.