Halcyon Agri Corporation Limited announced that Mr. Raymond John Ferguson retired as Independent Director of the company, by rotation pursuant to Regulation 91 of the Constitution. Reason for cessation - Mr. Ferguson has been appointed as the Non-executive Chairman of HeveaConnect Pte. Ltd. (HeveaConnect), which spearheads the Group's digitalization strategy in developing the world's first digital marketplace for natural rubber. His decision to step down as the company's Director demonstrates a statement of impartiality, and commitment to deliver independence in dealings with other investors of HeveaConnect.