The board of directors of Frencken Group Limited announced that resignation of Tan Sri Larry Low Hock Peng as chairman, non-executive non-independent director and a member of the nominating committee with effect from August 10, 2016. Re-designation of Dato’ Gooi Soon Chai from deputy chairman to chairman of the company in place of Tan Sri Larry Low Hock Peng with effect from August 10, 2016. Dato’ Gooi has been appointed as deputy chairman on April 28, 2016. The appointment of Dato’ Gooi Soon Chai as a member of the nominating committee in place of Tan Sri Larry Low Hock Peng with effect from August 10, 2016.