The board of directors of Summit Ascent Holdings announced that Mr. Chua Ming Huat David ("Mr. Chua") has been appointed as Chief Executive Officer of the Company with effect from 1 May 2021. He is currently the Chairman of Travellers International Hotel Group Inc. until its voluntary delisting on 21 October 2019. Mr. Chua was a director of Global Ferronickel Holdings Inc. from June 2016 to July 2020. He also served as an independent director of CIMB Investment Bank Berhad, Malaysia from February 2015 to January 2017.