The Board of Directors of Priceworth International Berhad announce that the Company has decided to merge the Nomination Committee and Remuneration Committee into a new committee, to be known as "Nomination and Remuneration Committee", with effect from 21 February 2023 which aimed to improve its efficiency and effectiveness in discharging its duties. The composition of the Nomination and Remuneration Committee of PWI is as follows: Chairman - Mr. Yin Kong Fung, Independent Non-Executive Director; Member - Encik Ismail Bin Mustaffa, Independent Non-Executive Director; Member - Madam Teo Gim Suan, Independent Non-Executive Director.