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Annual Report
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Date : 25 July 2011

Change in Boardroom


Date of change

Type of changeResignation
DesignationManaging Director
NameDr. Lai Chee Chuen
QualificationsDr. Lai Chee Chuen obtained his professional qualifications from Chartered Institute of Management Accounts ("CIMA") in 1986 and Chartered Association of Certified Accountants ("CACA") in 1987. Subsequently, he obtained his Master of Business Administration and Doctor of Philosophy in Finance from City University Business School, London, United Kingdom ("UK") in 1992 and 1997 respectively. He has been an Associate of CIMA since 1991 and a Fellow of CACA since 1996. He has also been a member of the Chartered Institute of Marketing since 2000.
Working experience and occupation He worked in UK for 11 years between 1985 and 1996. He gained substantial experience in financial services working as a Senior Financial Accountant with Barclays Mercantile Group. Whilst in the academia, he lectured in Finance and Accounting at London Business School and the City Banking College, London, UK. Upon his return to Malaysia in 1996, he joined Price Waterhouse (now known as PricewaterhouseCoopers) as Managing Consultant and was subsequently promoted to Executive Director in 1999 in the Corporate Finance and Investment Banking Division. He left in August 2000, to assume his position as Chief Executive Officer of Seloga Holdings Berhad. Subsequently, he resigned on 31 July 2002 as Chief Executive Officer but remained as Corporate Adviser of Seloga Holdings Berhad until 31 December 2003. On 26 August 2003, he was appointed as Independent Non-Executive Director of SRII Berhad. Dr. Lai resigned from the Board of SRII Berhad on 31 December 2009. On 27 October 2010, Dr. Lai was re-designated as Managing Director/Chief Executive Officer of the Company.
Directorship of public companies (if any)Key West Global Telecommunications Berhad
Family relationship with any director and/or major shareholder of the listed issuerDr. Lai does not have any family relationship with any other director and/or major shareholder of the Company.
Any conflict of interests that he/she has with the listed issuerNil
Details of any interest in the securities of the listed issuer or its subsidiariesNil

Announcement Info

Stock Name BASWELL    
Date Announced25 Jul 2011  
CategoryChange in Boardroom
Reference NoCS-110725-3DC33


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