Melewar Industrial Group Berhad Announces Resignation of Dato' Indera Naresh Mohan as Independent and Non Executive Member of Audit Committee

Melewar Industrial Group Berhad is a Malaysia-based company, which is engaged in property investment and investment holdings. The Company and its subsidiaries are focused on mid-stream steel cold rolled coil and steel tube manufacturing. The Company has three segments, which include Steel Tube, Cold Rolled Coil, Investment Holding and Others. The Steel Tube segment is engaged in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is engaged in the business of manufacturing and sales of cold rolled coils. The Investment Holding segment refers to companies with investments in subsidiaries, and companies with investments in quoted and unquoted equity securities. Its Others segment comprises companies involved in the food, modular construction, and metal scraps trading businesses. The Company, through its Ausgard Quick Assembly Systems Sdn Bhd (AQAS) subsidiary is engaged in supplying commercial and residential buildings to niche markets.