The board of directors of Annica Holdings Limited announced the changes to the compositions of the Board and the Board Committees of the company with effect from 20 January 2016: Based on the recommendations of the Nominating Committee, the Board approved the appointments of Mr. Su Jun Ming and Mr. Adnan Bin Mansor as Independent and Non-Executive Directors of the company. The Board further approved the resignations of Mr. Augustine A/L T.K. James as Lead Independent and Non-Executive Director of the Company and Mr. N. Sivagurunathan V. Narayanasamy as Independent and Non-Executive Director of the company. Mr. Augustine will step down as Chairman of the Audit Committee and a member of the Nominating and Remuneration Committees of the company, Mr. Sivagurunathan will step down as Chairman of the Nominating Committee and a member of the Audit and Remuneration Committees of the company, Mr. Su will be appointed as Lead Independent Director, Chairman of the Audit Committee and a member of the Nominating and Remuneration Committees of the company and Mr. Adnan will be appointed as Chairman of the Nominating Committee and a member of the Audit and Remuneration Committees of the company.