The board of directors of Delong Holdings Limited announced the appointment of Mr. Lai Hock Meng as the lead independent director of the company with effect from March 1, 2013. Mr. Lai was appointed as independent director on June 15, 2007 and is also the Chairman of the Audit Committee and a member of Remuneration and Nominating Committees. The composition of the Board and Audit, Nominating and Remuneration Committees remains unchanged following the appointment.