Hotung Investment Holdings names Boon-Wan Tan as Director

Dr. Tan was a Member of Parliament for Ang Mo Kio GRC, Parliament of Singapore.

The Board of Hotung Investment Holdings announced the appointment of Dr. Boon-Wan Tan as Director. As stated in the Notice of Annual General Meeting of March 30, 2012 issued by the Company, Dr. Boon-Wan Tan was proposed for appointment as director of the Company pursuant to Bye-law 97 of the Company by the Board. As such proposed appointment of Dr. Boon-Wan Tan as director of the Company was made pursuant to Bye-law 97 of the Company which requires that such proposed appointment be referred to shareholders in general meeting. The Nominating Committee of the Company had reviewed the curriculum vitae of Dr. Boon-Wan Tan and has delivered its recommendation through the Board, according to a Hotung Investment Holdings report.

In the past, Dr Boon-Wan Tan, 63, was Chairman of Ang Mo Kio Town Council from 2001 to 2006. Before this, Dr. Tan was Member of Parliament for Ang Mo Kio GRC, Parliament of Singapore from 1997 to 2006 and Associate Professor, NUS Business School, National University of Singapore from 1981 to 2005.

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