Verde Resources, Inc. announced appointment of Jack Wong, age 39 as Director of the Company for a one year term, effective March 30, 2023. Mr. Wong will hold the Board position formerly held by Carl. The Company believes that the education, business and operational experience of the elected director give him the qualifications and skills necessary to serve as Director of the Company.

Mr. Wong was appointed President and CEO of the Company in October 2022. Prior to that, Mr. Wong served as the CEO of The Wision Project Sdn Bhd, a subsidiary which was acquired by the Company in March 2022. Mr. Wong also previously built and ran a seaside dive resort – Scuba Tiger, which is located 45 minutes away from one of the world's best dive spots – Sipadan island, in Sabah, Borneo, where he hosted scuba divers from all over the world, until the pandemic hit in 2020.