Southern Steel Berhad Announces Re-Designation of Ahmad Johari Bin Abdul Razak as Chairman of Remuneration Committee from Member of Remuneration Committee, Effective July 1, 2022

Southern Steel Berhad is a Malaysia-based investment holding company. The Company is engaged in the manufacturing, selling and trading of steel bars and related products. The Company's segments include Steel products, and Investment holding and others. The Steel products segment is engaged in the manufacturing, selling and trading of billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires and other related products. The Company's prestressed concrete steel products (PC Wire and PC Strand) are used in the pre-stressed and post-tensioned concrete structure such as elevated highways, bridges, PT slabs and also in the precast concrete products such as precast beams, slabs and walls, concrete spun piles/poles, and concrete railway sleepers, among others. The Company also has steel service centers, which provide cutting, bending and forming the steel bar according to the specific requirement for construction purposes.