Southern Packaging Group Limited Announces the Resignation of Chung Tang Fong as Independent Non-Executive Director, Member of Audit, Nominating and Remuneration Committees

Southern Packaging Group Limited is a Singapore-based investment holding company. The principal activities of the Company and its subsidiaries are trading and manufacturing of packaging products for foodstuffs, medical and cosmetic products, and property development. The Company operates through three segments: Rigid packaging, Flexible packaging and Property under development. The Flexible packaging segment primarily manufactures plastic packaging bags with design supplied by the customers for the pharmaceutical industry, food and beverage industry and hygiene industry. The Rigid packaging segment primarily manufactures polyethylene terephthalate (PET) bottles together with printing of design onto the bottle for pharmaceutical industry, food and beverage industry and hygiene industry. The Property under development segment is engaged in the business of developing and holding property for future sale in the ordinary course of business or earn rental income.