Malton Berhad Announces Demise of Mr. Guido Paul Philip Joseph Ravelli as Non Independent and Non Executive Chairman of Remuneration Committee

Malton Berhad is a Malaysia-based company, which is engaged in investment holding and the provision of management services to its subsidiary companies. It operates through four segments: Property development, Construction contracts, Property trading, and Others. Property development segment is engaged in the business of constructing and developing residential and commercial properties. Construction contracts segment is engaged in the business of construction works for development of residential and commercial properties. Property trading segment is engaged in the business of sales of developed residential and commercial properties. Others segment is engaged in the business of investment holding, project management, property investment and management, and provision of management and accounting services. The Company’s portfolio includes townships, luxury homes, landed and high-rise residences, offices, and commercial properties in areas of Greater Kuala Lumpur, Penang, Malacca and Johor.