FOR IMMEDIATE RELEASE

Khun Thai Tea Global Pte Ltd Announces Resignation of Mr. Jeremy Lee as Managing Director

Singapore – 12th July 2023 – Khun Thai Tea Global Pte Ltd, a renowned global beverage company specializing in Thai tea, today announced the resignation of Mr. Jeremy Lee as Managing Director. Mr. Lee, the founder of the Khun Thai Tea brand, has made the decision to step down from his role to pursue other interests and to pave the way for a new era of leadership within the company.

Khun Thai Tea Global Pte Ltd is pleased to introduce the new directors who will be assuming leadership roles within the organization. Ms. Yong Wai Yin and Mr. Low Chuan Wen have been appointed as the new directors and will play vital roles in steering the company towards continued growth and success.

In a statement expressing his belief in the group’s success, Mr. Jeremy Lee remarked, “I have full confidence in the capabilities of Ms. Yong Wai Yin and Mr. Low Chuan Wen to lead Khun Thai Tea Global Pte Ltd to even greater heights. As the brand’s founder, I am proud of what we have accomplished thus far, and I believe it is time for the fresh and younger generation to take the helm and bring new ideas and energy to propel the company forward.”

Khun Thai Tea Global Pte Ltd would like to emphasize that Khun Thai Tea in the Philippines remains an independent entity and is in no way co-related to Khun Thai Tea Global Pte Ltd. The company’s operations and business activities in the Philippines will continue as usual, and customers can expect the same quality and authenticity they have come to associate with the Khun Thai Tea brand.

Furthermore, Khun Thai Tea Global Pte Ltd would like to assure its existing Master Franchisors in Indonesia and Malaysia that this change in leadership will not have any adverse effects on their operations. The company remains committed to supporting and collaborating with its valued partners in Indonesia and Malaysia to ensure the continued success of the brand in these markets.

Khun Thai Tea Global Pte Ltd expresses its gratitude to Mr. Jeremy Lee for his significant contributions in establishing and growing the Khun Thai Tea brand. The company is confident that under the stewardship of Ms. Yong Wai Yin and Mr. Low Chuan Wen, it will continue to thrive and bring delightful Thai tea experiences to consumers worldwide.

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About Khun Thai Tea Global Pte Ltd:

Khun Thai Tea Global Pte Ltd is a leading global beverage company based in Singapore. With a focus on Thai tea, the company is dedicated to providing high-quality, authentic beverages that deliver a true taste of Thailand to consumers around the world. Khun Thai Tea is known for its unique blend of flavors and commitment to using premium ingredients, ensuring a delightful and refreshing experience with every sip.