The Board of Directors of the Hi-P International Limited announced that Mr. Yeo Tiong Eng has been re-designated from Independent Director to an Executive Director of the company with effect from November 14, 2016. Consequent to the Re-Designation, Mr. Chester Lin Chien has been appointed as a member of the Audit Committee of the company in place of Mr. Yeo Tiong Eng with effect from November 14, 2016. Mr. Chester Lin Chien is considered independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.