Hong Leong Asia Ltd. announced that Tan Huay Lim will be retiring at the annual general meeting of the company in April 2018 pursuant to the company's Constitution, has notified the Board that he would not be seeking re-election as a Non-Executive Director of the Company at the 2018 AGM, and accordingly he shall also cease to act as the chairman of the Audit and Risk Committee and a member of the Remuneration Committee and the Hong Leong Asia Share Option Scheme 2000 Committee after the conclusion of the 2018 AGM. The company also announced the appointment of Mr. Tan Chian Khong as an independent non-executive director and a member of the audit and risk committee, the remuneration committee and the Hong Leong Asia Share Option Scheme 2000 Committee. Mr. Tan joined Ernst & Young LLP in 1981 and became an audit partner in July 1996 until his retirement in June 2016. Mr. Tan Chian Khong is currently a director of the following listed companies: Alliance Bank Malaysia Berhad; The Straits Trading Company Limited; and Xinghua Port Holdings Ltd. Appointment date is on March 1, 2018.