GIIB Holdings Berhad announced resignation of Mr. WONG WENG YEW, age 39, as Non Independent and Non Executive Director. Mr. Wong Weng Yew ("Mr. Wong") was dismissed of his executive position for his misconduct in his capacity as Executive Director of GIIB Holdings Berhad ("the Company"). He has also made allegations against certain directors and the Company for suspicious transactions and fraud.

These allegations were addressed and cleared by the forensic auditors as announced previously. Mr. Wong has also filed similar complaints with the authorities, which the Company and the affected directors will address accordingly as and when necessary. The Company's civil suit and police reports on Mr. Wong for alleged criminal breach of trust and several other offences remain active and the Company will continue to pursue these cases to its logical conclusion.

Date of change is 18 January 2023.