Key ASIC Berhad announced the resignation of N. CHANTHIRAN A/L NAGAPPAN, 57, as Independent and Non Executive Independent Director. Mr. N. Chanthiran has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve years. Therefore, he has decided to resign as a Director of the Company with effect from 26 August 2022 to comply with the amended definition of an Independent Director in the Bursa Malaysia Securities Berhad Main Market Listing Requirements, where an Independent Director who has served for more than twelve years must resign or be re-designated as a Non-Independent Director as per Bursa Malaysia Securities Berhad's letter dated 19 January 2022.