Medi Lifestyle Limited announced resignation of Ahmad Bin Mohd Don as Independent Non-Executive Director, Member of Audit, Risk, Remuneration and Nominating Committees. Reason For Cessation: Due to a critical health condition, Tan Sri Ahmad had in early March 2024 notified the Company of his intention to resign as an Independent Director of the Company. Taking into consideration the foregoing and the availability of a new director to replace his role in the respective board committees, the Board and Tan Sri Ahmad have mutually agreed for his date of cessation to take effect on 31 March 2024. The Board would like to express its appreciation towards Tan Sri Ahmad for his invaluable contributions during his tenure. In view of Tan Sri Ahmad's critical health condition, the Sponsor was unable to conduct an exit interview with him. The Company was also unable to obtain Tan Sri Ahmad's confirmation on the contents of this announcement. Notwithstanding, to the best knowledge of the Company and based on information available, the Company has indicated negative responses to the questions in relation to (i) any unresolved differences in opinion on material matters between Tan Sri Ahmad and the Board of Directors; (ii) any matter in relation to Tan Sri Ahmad's cessation that needs to be brought to the attention of the shareholders; and (iii) any other relevant information to be provided to shareholders. Should new information relating to Tan Sri Ahmad's cessation be made known subsequent to the release of this announcement, the Company will promptly update its shareholders.
Event Description: Resignation of Tan Sri Ahmad Bin Mohd Don ("Tan Sri Ahmad") as Independent Non-Executive Director. This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement. The contact person for the Sponsor is Ms Charmian Lim, at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542, telephone: (65) 6232 3210.