Hiap Hoe Limited announcement made on 30 September 2021 in relation to the Re-designation of Mr. Chan Boon Hui from Lead Independent Director to Non-Executive Director with effect from 1 October 2021. The company announced that in addition to Mr. Chan Boon Hui's re-designation and in line with good corporate governance practice, the Company has also implemented the following changes to the Audit and Risk Committee ("ARC") with effect from 1 October 2021: Mr. Chan Boon Hui will cease to be the Chairman of the ARC and will remain as a member of the ARC; and Mr. Koh Kok Heng, Leslie will be appointed as the Chairman of the ARC.