SIM SIANG CHOON LIMITED: RE-DESIGNATION OF MR LEE CHYE CHENG, ADRIAN FROM THE POSITION OF NON-EXECUTIVE DIRECTOR TO EXECUTIVE DIRECTOR

Miscellaneous
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Name of Announcer *	SIM SIANG CHOON LIMITED
Company Registration No.	199905693M
Announcement submitted on behalf of	SIM SIANG CHOON LIMITED
Announcement is submitted with respect to *	SIM SIANG CHOON LIMITED
Announcement is submitted by *	Kwan Weng Kwong
Designation *	Director
Date & Time of Broacast	18-May-2011 20:43:12
Announcement No.	00127
Price Sensitivity	No

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Announcement Title *

RE-DESIGNATION OF MR LEE CHYE CHENG, ADRIAN FROM THE POSITION OF NON-EXECUTIVE DIRECTOR TO EXECUTIVE DIRECTOR

Description

The Board of Directors of Sim Siang Choon Limited ("the Company") wishes to announce the following: 1) Loyz Oil Pte. Ltd. ("Loyz Oil") is the Company's operating oil exploration subsidiary. 2) Mr Lee Chye Cheng, Adrian ("Mr Lee"), a Non-Executive Director of the Company, was appointed as an Executive Director of Loyz Oil on 18 May 2011 and would be involved in the daily operations of Loyz Oil. 3) Following his appointment in Loyz Oil, Mr Lee's current position as the Non-Executive Director would be re-designated to an Executive Director of the Company with effect from 18 May 2011. This announcement has been reviewed by the Company's sponsor, KW Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is:- Name: Yang Eu Jin, Registered Professional, KW Capital Pte. Ltd. Address: 80 Raffles Place #25-01 UOB Plaza 1 Singapore 048624 Tel: [phone] Email: [e-mail]