Appointment of Independent Director

The Board of Directors ("Board") of Nippecraft Limited ("Company") wishes to announce that Mr. Khoo Song Koon has been appointed as an independent director of the Company on 27 February 2015. 

Mr. Khoo was also appointed as a member of the Audit Committee and is considered to be independent for the purposes of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited ("SGX-ST").

The details and declaration of Mr. Khoo as director as required under Rule 704(7) of the Listing Manual of the SGX-ST are contained in a separate announcement made today via SGXNet. 

As a result of the above appointment, the board and board committees comprise the following members with effect from 27 February 2015:-

Board of Directors
Linda Suryasari Wijaya Limantara (Chairman, Non-Executive Director)
Indah Suryasari Wijaya Limantara (Non-Executive Director)
Benny Iswandy (Non-Executive Director)
Wiria Hartanto Muljono (Executive Director and Chief Executive Officer)
Ching Jit Yow (Independent Director)
Lim Yu Neng Paul (Independent Director)
See Kian Heng (Independent Director)
Khoo Song Koon (Independent Director)

Audit Committee
Ching Jit Yow (Chairman, Independent Director)
Lim Yu Neng Paul (Independent Director)
See Kian Heng (Independent Director)
Khoo Song Koon (Independent Director)

Nominating Committee
Lim Yu Neng Paul (Chairman, Independent Director)
Ching Jit Yow (Independent Director)
Linda Suryasari Wijaya Limantara (Member, Non-Executive Director)

Remuneration Committee
See Kian Heng (Chairman, Independent Director)
Ching Jit Yow (Independent Director)
Indah Suryasari Wijaya Limantara (Member, Non-Executive Director)