The board of the directors of Centurion Corporation Limited announced that the Board has established an executive committee of the Board on 1 January 2022. The EXCO is established to assist the Board with its oversight responsibilities in, amongst others, making business decisions and evaluating major strategic initiatives including acquisition or disposal transactions, based on authority delegated to the EXCO. Mr. Loh Kim Kang David (the Company's Executive Director and Joint Chairman of the Board) has been appointed as the chairman of the EXCO, and Mr. Han Seng Juan (the Company's Non-Executive Director and Joint Chairman of the Board), Mr. Wong Kok Hoe (the Company's Executive Director and Deputy Chairman of the Board), Mr. Kong Chee Min (the Company's Chief Executive Officer) and Mr. Teo Peng Kwang (the Company's Executive Director and Chief Operating Officer of Accommodation Business) have been appointed as the members of the Executive Committee, all with effect from 1 January 2022.