CoAssets Limited announced the appointment of Mr. Denka Zhenke Wee as an independent nonexecutive director and Chairman of the Company effective from 7 April 2020. Mr. Mark Chew, an associate of Mr. Wee, will also join the board in the capacity of an executive director with effect from 7 April 2020. Following Mr. Wee's appointment, Mr. Getty Goh will step down as the Chairman of the Company and continue as the Chief Executive Officer and Managing Director of the Company. Company also announced that Huan Kiat Seh, Jeffrey Chi and May Chuah will resign as the directors of the Company, with Mr. Seh continuing with the Cy. The Board thanks Dr. Seh, Dr. Chi and Ms. Chuah for their valuable contribution to the Company during their tenure as directors. Dr. Seh, who is CoAssets' cofounder, will continue to be with the Group.