MoneyMax Financial Services Ltd. announced resignation of Foo Say Tun as independent director, chairman of the remuneration committee and a member of the Audit committee and the Nominating Committee. Other DirectorShips Past: Qingmei Group Holdings Limited Sino Techfibre Limited Fu Yu Corporation Limited Ioni Water Pte Ltd. Other DirectorShips Present: Eurosports Global Limited Mary Chia Holdings Limited Business Foundation Pte Ltd. Aquapro Solutions Pte Ltd. Dynagen Power Systems Pte Ltd. M Grade Services Pte Ltd. Reason for cessation: Mr. Foo Say Tun will no longer be deemed to be independent upon the conclusion of the upcoming annual general meeting of the company (AGM) to be held on 26 April 2024.