The Company wishes to announce that the Board has approved the merger of the Nomination Committee and Remuneration Committee with effect from 28 August 2024 and the Committee shall be renamed as Nomination and Remuneration Committee. 

The rationale for the change is to enhance the Committee's efficiency of the Board in discharging its duties and responsibilities, including discussion on matters relating to appointment and remuneration of directors and senior management in a holistic manner.

The composition of the Nomination and Remuneration Committee is as follows: 

(1)  Ms. Cindy Toh Siu Mei - Chairperson, Independent Non-Executive Director

(2)  Datuk Azrulnizam Bin Abdul Aziz - Member, Independent Non-Executive Director

(3)  Mr. Lee Eng Leong - Member, Non-Independent Non-Executive Director

This announcement is dated 28 August 2024.