Kencana Agri Limited announced that as part of the Group's effort to manage costs and streamline its operations, the Singapore operations will be wound down and the finance and accounting functions will be consolidated to the head office in Jakarta. Following the abovementioned restructuring, Mr. Phillip Lim Lian Teng has resigned as the Company Secretary and Financial Controller with effect from 20 November 2020. His roles and responsibilities as the Financial Controller shall be assumed by the Group Chief Financial Officer.