Carzo Holdings Berhad announced the resignation of Dato' Sri Chiang Fong Yee as Non Independent and Non Executive Director, effective November 30, 2022. Dato' Sri Chiang Fong Yee's (45) past involvement in fashion industry spanned roles from hands-on support to senior executive positions in Bonia Corporation Berhad ("Bonia") and its subsidiaries (collectively, "Bonia Group"). Prior to his appointment as the Alternate Director to Chiang Sang Sem in Bonia in 2004, he was a Marketing Executive and later an Assistant Business Development Manager of CB Marketing Sdn.

Bhd. from 2000 to 2004 primarily responsible for the marketing functions of the Bonia Group. Presently, he is the Managing Director of CRG Incorporated Berhad ("CRG") spearheading the business direction, overall strategies and policies of CRG and its subsidiaries (collectively, "CRG Group") to drive the growth and innovation of Carlo Rino products.

He plays an integral role in developing CRG Group's business strategy with the rest of the management team and focuses on CRG Group's expansion and growth, market entry, sustainability, profitability and operational efficiency. Apart from that, Dato' Sri Chiang Fong Yee also sits on the Board of Directors of Bonia as a Non-Independent Non-Executive Director. He holds Bachelor's Degree in Marketing and Statistic from Middlesex University, United Kingdom.