Axcelasia Inc. announced that with effect from 22 April 2020, Mr. Ranjit Singh a/l Taram Singh, Group Chief Executive Officer and Executive Director, will relinquish his role as the GCEO and will be re-designated as Non-Independent Non-Executive Director. The company also announced that Mr. Sivaruban Kandasamy, CFO has resigned with effect from 22 April 2020. Following the change in personnel, the Deputy Executive Chairman will lead the Group's operations and the finance function will be managed by the Financial Controller.