ValueMax Group Limited announced Cessation of Phua Tin How as Independent Non-Executive Director with effect from 31December 2021. Role And Responsibilities: Chairman of the Board, Chairman of the Nominating Committee and Member of the Audit and Remuneration Committee. Job Title: Independent Non-Executive Chairman. Mr. Phua Tin How will have served as an Independent Non-Executive Director of the Company for nine years in 2022 and is stepping down in compliance with the recommendations of the Code of Corporate Governance 2018. Consequent upon his cessation as an Independent Non-Executive Director of the Company, he will also cease as Chairman of the Nominating Committee and as member of the Audit and Remuneration Committees.