Magnum Berhad announced relinquishment of position of Tan Sri Dato' Surin Upatkoon, age 73, as Chairman and Member of Remuneration Committee in line with Practice 1.4 of the Malaysian Code on Corporate Governance. The date of change is March 15, 2023. Composition of Remuneration Committee: Dato' Seri Lim Tiong Chin (Independent Non-Executive Director) – Chairman, Madam Jean Francine Goonting (Independent Non-Executive Director), and Madam Ng Siew Hong (Independent Non-Executive Director).