YB Ventures Berhad announced the demise of TAN SRI DATO' SRI DR. ALI BIN HAMSA, Independent and Non Executive Member of Audit Committee. The Company will be taking steps to appoint a new member of the Audit Committee and a new Independent Director within three (3) months from the date of Tan Sri Dato' Dr. Ali Bin Hamsa's demise to comply with Paragraph 15.09(1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.