The Board of Directors of HLN Technologies Limited ("the Company") wishes to announce the changes to the composition of the Board and committees with effect from 27 November 2006, detailed as follows:-
The Board comprises the following members:-
a) Ng Khoon Seng (Chairman and Executive Director)
b) Wa Kok Liang (Chief Executive Officer and Executive Director)
c) Hein Ke Long (Executive Director)
d) Jovenal R Santiago (Lead Independent Director)
e) Tang Chi Loong (Independent Director)
The Audit Committee comprises the following members:-
a) Jovenal R Santiago (Chairman and Independent Director)
b) Hein Ke Long (Executive Director)
c) Tang Chi Loong (Independent Director)
The Remuneration Committee comprises the following members:
a) Tang Chi Loong (Chairman and Independent Director)
b) Jovenal R Santiago (Independent Director)
c) Ng Khoon Seng (Executive Director)
The Nominating Committee comprises the following members:
a) Jovenal R Santiago (Chairman and Independent Director)
b) Tang Chi Loong (Independent Director)
c) Ng Khoon Seng (Executive Director)
By Order of the Board
HLN Technologies Limited
Wa Kok Liang
Chief Executive Officer
27 November 2006
THE INITIAL PUBLIC OFFERING OF THE SHARES OF HLN TECHNOLOGIES LIMITED WAS SPONSORED BY WESTCOMB CAPITAL PTE LTD ("THE MANAGER"). THE MANAGER ASSUMES NO RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT.