United Engineers Limited Announces Cessation of Tan Ngiap Joo as Chairman of the Board, Independent & Non-Executive Director

United Engineers Limited is a Singapore-based holding company. The Company, through its subsidiaries, is engaged in the business of property rental and hospitality, property development, engineering and distribution, as well as manufacturing. The Company has developed a range of buildings in Singapore landscape, including orchardgateway, UE BizHub CITY, UE BizHub EAST, as well as the mixed-use development at one-north comprising The Rochester, Rochester Mall and Park Avenue Rochester. It also owns shopping malls, which comprises Rochester Mall, The Seletar Mall and UE Square Shopping Mall, as well as manages the Park Avenue chain of hotels, serviced apartments, serviced offices and convention center.