| Company Name | : | FAVELLE FAVCO BERHAD |
| Stock Name | : | FAVCO |
| Date Announced | : | 26 Jun 2025 |
| Category | : | Change in Audit Committee |
| Reference Number | : | C02-18062025-00006 |
Change in Audit Committee
FAVELLE FAVCO BERHAD
|
Date of change |
26 Jun 2025 |
|
Name |
ENCIK SOBRI BIN ABU |
|
Age |
72 |
|
Gender |
Male |
|
Nationality |
Malaysia |
|
Type of change |
Retirement |
|
Designation |
Chairman of Audit Committee |
|
Directorate |
Independent and Non Executive |
|
Composition of Audit Committee (Name and Directorate of members after change) |
1. Dato' Sri Khazali Bin Haji Ahmad - Member (Independent Non-Executive Director)
2. Encik Anuar Bin Abd Rahman - Member (Independent Non-Executive Director)
|
Remarks :
Encik Sobri Bin Abu did not seek for re-election at the Thirty-Third Annual General Meeting ("33rd AGM") of the Company. Therefore, he retired as a Director of the Company at the conclusion of the 33rd AGM held on 26 June 2025 in accordance with Article 85 of the Company's Constitution. Encik Sobri Bin Abu shall cease to be the Chairman of Audit Committee accordingly.
Following the cessation of Encik Sobri Bin Abu as the Chairman of the Audit Committee, the members of the Audit Committee of the Company are less than three (3) members. The Company will take the necessary steps to appoint a new Independent Director within three (3) months from the date of cessation of Encik Sobri Bin Abu, in compliance with Paragraph 15.09(1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.