AGV Group Limited announced resignation of Ang Nam Heng James as Executive Director and Chief Operating Officer. Mr. James Ang was stated to be retiring by rotation at the forthcoming annual general meeting of the Company. He has decided that he will not seek re-election and will step down as Executive Director of AGV Group Limited to concentrate on his role as executive director of Asia Galvanizing (S) Pte Ltd, assisting in business development and sales, and as director of AGV C&S Pte Ltd, which are the subsidiaries of the Company. The Company's sponsor, Hong Leong Finance Limited, after having interviewed Mr. James Ang, is not aware of any other material reasons for the cessation of Mr. James Ang as the Executive Director.