The board of directors of KAP Industrial Holdings Limited advised shareholders via an announcement on SENS on 20 October 2020 that, following eight years on the Company's audit and risk committee, Mr. SH Nomvete had declined to make himself available for re-election to the committee at the Company's upcoming annual general meeting on 18 November 2020. He has also decided to retire from the Board by resignation after the Company's AGM on 18 November 2020.