The board of directors of Sakae Holdings Ltd. announced the changes to the composition of the board of directors and Board Committees. Mr. Lim Chee Yong has retired as an Independent Non-Executive Director of the company with effect from the conclusion of the Annual General Meeting held on 29 October 2018. Accordingly, he ceased as chairman of the audit committee and nominating committee and a member of the remuneration committee. Mr. Nandakumar Ponniya Servai has resigned as an Independent Non-Executive Director of the company with effect from 29 October 2018. Accordingly, he ceased as a member of the audit committee.