ValueMax Group Limited announced Cessation of Lim Tong Lee as Independent Non-Executive Director with effect from 31 December 2021. Role And Responsibilities: Member of the Board, Chairman of the Audit Committee, and Member of the Nominating and Remuneration Committees. Job Title: Independent Non-Executive Director. Mr. Lim Tong Lee 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 cease as Chairman of the Audit Committee and as a Member of the Nominating and Remuneration Committees.