Hiap Tong Corporation Ltd. announce that Mr. Tan Eng Ann has been appointed as the Lead Independent Director with effect from August 25, 2016, in place of Mr. Yong Yean Chau who has retired at the conclusion of the Company's Eighth Annual General Meeting held on July 27, 2016. The Company announced the following changes to the Board Committees with effect from August 25, 2016:- Mr. Tan Eng Ann has been re-designated from Audit Committee Member to Chairman of the Audit Committee, Mr. Tan Eng Ann has stepped down as Chairman of the Remuneration Committee and re- designated as a Member of Remuneration Committee, Mr. Tay Seo Long has been appointed as Chairman of the Remuneration Committee and a Member of the Audit Committee and Nominating Committee, Mr. Tito Shane Isaac has been appointed as Chairman of the Nominating Committee and a Member of the Audit Committee and Remuneration Committee.