Chua Yong Hai and Tan Guong Ching step down as Fraser Centrepoint Asset Management (Commercial)'s directors
They served for over 11 years.
Dr. Chua, 73, was chairman of the Board of Directors and member of the Audit, Risk & Compliance Committee and the Nominating and Remuneration Committee.
Mr. Tan, 70, was member of the Audit, Risk & Compliance Committee and the Nominating and Remuneration Committee.
Their retirement is part of the board renewal process and for compliance with regulatory requirements.