Following the conclusion of the Thirty-Ninth AGM of Lum Chang Holdings Limited held on October 29, 2021, the following ceased to be directors of the company. Mr. Daniel Soh Chung Hian, the chairman of the audit and risk committee and a member of the nomination committee; and Mr. Andrew Chua Thiam Chwee, a member of the ARC and member of the remuneration committee. The board announced that Mdm Constance Lee Sok Koon replaces Mr. Soh as chairman of the ARC with effect from the conclusion of the AGM and Mr. Kenneth Ho Siew Keong replaces Mr. Chua as a member of the ARC and member of the RC with effect from the conclusion of the AGM.