The Board of Directors of Kencana Agri Limited announced that, as part of succession planning for the Company, Mr. Henry Maknawi shall resign as Chief Executive Officer of the Company with effect from 1 January 2018 and will remain as Executive Chairman and a member of the Nominating Committee. Following the resignation, Mr. Albert Maknawi will be appointed as Chief Executive Officer of the Company with effect from 1 January 2018. The Board also announced that Ms. Ratna Maknawi will be re-designated from Deputy Chief Executive Officer to Executive Vice-Chairman with effect from 1 January 2018.