Merging Of Audit Committee And Risk Management Committee

Back Jan 18, 2024

 

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

The rationale for the merger of the two (2) Board Committees is to streamline the operations of the Board, improving its overall efficiency and effectiveness to align with the current 5-member Board structure.

The composition of the ARMC after the merger is as follows:-

Name Designation Directorship
Dato’ Mohammad Zainal Bin Shaari Chairman Independent Non-Executive Director
Datuk Mohd Adzahar Bin Abdul Wahid Member 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 GA1-08012024-00050