The Board of directors of Singamas Container Holdings Limited announced that Mr. Ong Ka Thai ("Mr. Ong") will retire from his office as an independent non-executive Director at the annual general meeting of the company to be held on 22 June 2017 ("AGM") in accordance with the Articles of Association of the Company and will not offer himself for re-election as he intends to invest more time to handle his own business and personal commitments. Upon the retirement of Mr. Ong taking effect, Mr. Ong will cease to be the member of each of the nomination committee of the company and remuneration committee of the company. The Board further announced that Mr. Cheng Fu Kwok, David, an existing independent non-executive Director, will be appointed as a member of Nomination Committee and Remuneration Committee following the retirement of Mr. Ong and will take effect from the conclusion of the AGM.