RCE Capital Berhad Announces Cessation of CHE MD NAWAWI BIN ISMAIL as Independent and Non Executive Director and Member of Nomination Committee

RCE Capital Berhad is a Malaysia-based company, which is engaged in investment holding and provision of management services. The Company's business activities include consumer financing, payroll collection and commercial financing. Its subsidiary, RCE Marketing Sdn Bhd (RCE Marketing) is principally involved in the provision of financial services. RCE Marketing works with various co-operatives and foundations to provide shariah-compliant and conventional financing to their members, who are mainly government employees. Its subsidiary, EXP Payment Sdn Bhd provides processing and administrative payroll collection services under the brand, Ekspres Collect. Its subsidiary, RCE Factoring Sdn Bhd offers factoring and confirming facilities to small and medium-sized enterprises primarily involved in trading, construction and manufacturing.