Frugl Group Limited announced the appointment of Mr. Kit Weng Yip as a Director and Chairman of the Company. Mr. Yip has extensive experience in investment banking and corporate finance. Among his previous senior roles he has served as Executive Director of Nomura Securities Malaysia, Deputy Group Managing Director and Head of Investment Banking of Affin Hwang Investment Bank and Director of RHB Investment Bank in Malaysia. He
currently serves as Independent Non-Executive Director of both Esente Capital and Privasia Technology Berhad. He is a graduate of the University of Western Australia, a Fellow of CPA Australia, a Member of the Malaysian Institute of Accountants and Malaysian Institute of Taxation. Mr. Yip has an extensive contact network throughout south-east Asia and will be invaluable in the Company's ambitions to expand and commercialise its platform in the region. The Company also wishes to advise of the resignation of Mr. Jon Wild who has resigned to pursue other commercial interest. The Company thanks Mr. Wild for his service and wishes him well in his future endeavours.