Y Ventures Group Ltd. announced the resignation of Goh Cher Shua as Independent Director of the company. Mr. Goh Cher Shua ("Mr Goh") has decided to pursue personal interests in his retirement and therefore has tendered his resignation as an Independent Director of the Company on 30 July 2021. The Board of Directors of the company noted and accepted his resignation and agreed that the effective date of his cessation as an Independent Director of the company be 15 August 2021. The Board is satisfied with Mr. Goh's reasons for resignation. Following Mr. Goh's resignation as an Independent Director of the Company, he will also relinquish his position as Chairman of the Audit Committee and member of the Nominating and Remuneration Committees of the company.