Merging Of Nomination Committee And Remuneration Committee

Back Jan 18, 2024

 

Type Announcement
Subject OTHERS
Description Cypark Resources Berhad ("CRB" OR "the Company") - Merging of Nomination Committee and Remuneration Committee
The Board of Directors of CRB wishes to announce that it has approved the merging of the Nomination Committee and Remuneration Committee into a single committee to be known as the Nomination and Remuneration Committee (“NRC”) with effect from 18 January 2024.

The rationale for the merger of the two (2) Board Committees is aimed to enhance the efficiency and effectiveness of the Board Committees in discharging their duties and responsibilities, in light of the overlap and commonality in function of the members of the said Committees.

The composition of the NRC after the merger is as follows:-
Name Designation Directorship
Datuk Mohd Adzahar Bin Abdul Wahid Chairman Independent Non-Executive Director
Encik Muhammad Ashraf Bin Muhammad Amir Member Non-Independent Non-Executive Director
Puan Norita Binti Ja’afar Member Independent Non-Executive Director

This announcement is dated 18 January 2024.

 

Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 18 Jan 2024
Category General Announcement for PLC
Reference Number GA1-10112023-00019