The board of directors of Elec & Eltek International Company Limited has established the Independent Board Committee, comprising the three independent non-executive directors of E&E, being Mr. Stanley Chung Wai Cheong, Mr. Ong Shen Chieh, and Mr. Kong Tze Wing, to make a recommendation to the holders of the Offer Shares as to whether the Offer is fair and reasonable and as to its acceptance.