OEL (Holdings) Limited (“OEL”) was established in 1984 and listed on Singapore Exchange in 1994. On December 17, 2019, the shareholding structure of the Company underwent a significant change. Ms. Zhao Xin, a shareholder, became the Chief Executive Officer and an Executive Director of the Company, which, together with each of the Independent Directors, comprise highly effective board of directors, together leading OEL to a new chapter of excellence. At the Annual General Meeting on April 1, 2020, the Company has proposed to enter into the health industry, involving medical services and children's health education .