PWF Corporation Bhd. announced the resignation of Mr. Ong Kim Nam, age 67, as Chairman of Audit Committee, Member of Nomination Committee, Chairman of Remuneration Committee and Independent and Non Executive Director, date of change is May 31, 2023. In compliance with Listing Requirements, Mr. Ong resigned from the position as the Independent Non-Executive Director after serving the Board for 21 years.

Qualifications: Professional Qualification from Accounting in Chartered Accountant. Working experience and occupation: A Chartered Accountant by profession and a member of the Malaysian Institute of Accountants and Association of Chartered Certified Accountants. He has over 30 years of experience in the field of auditing, accounting and taxation.

Composition of Audit Committee (Name and Directorate of members after change): Chairman: Raymond Tan Boon Kheng, Members: Dato Dr. Abdul Malek Bin Mohamed Hanafiah & Zainal Bin Pandak. Composition of Nomination Committee(Name and Directorate of members after change): Chairman: Zainal Bin Pandak, Members: Dato Dr. Abdul Malek Bin Mohamed Hanafiah & Raymond Tan Boon Kheng. Composition of Remuneration Committee(Name and Directorate of members after change): Chairman: Raymond Tan Boon Kheng, Members: Zainal Bin Pandak.