Date : 15 February 2007

Change in Boardroom


Date of change

Type of changeAppointment
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
NameMichael Yang Chee Hoong
Qualifications1. Masters Degree in Business Administration, Cranfield University, United Kingdom
2. Bachelor of Economics (Honours) Degree, University of Malaya, Malaysia.
3. Diploma in Marketing, Institute of Marketing, United Kingdom
4. AMP, Cornell University, U.S.A.
Working experience and occupation please refer to remarks
Directorship of public companies (if any)Nil
Family relationship with any director and/or major shareholder of the listed issuerNil
Details of any interest in the securities of the listed issuer or its subsidiaries4,523,986 deemed indirect interest via his shareholding in Core Initiatives Sdn Bhd

Remarks :
Mr. Yang has been involved in start-up situations for financial institution. He was one of the pioneers of the merchant banking industry in Malaysia. He started with Amanah-Chase Merchant Bank Bhd., the Malaysian Merchant Banking arm of the Chase Manhattan Bank (now known as JP Morgan Chase) in 1975.

He was trained in all matters related to commercial and wholesale banking by Chase Manhattan Bank in Hong Kong in 1978. He became the divisional head of the Merchant Bank after just 3 years rising from the rank of executive to General Manager.

He started the Representative Office for Malaysia for Societe Generale, one of the 10th largest bank in the world and became its Chief Representative in 1980. He was instrumental in starting the leasing company for Societe Generale in Malaysia and he formed an insurance broking company which was subsequently sold to the Arab-Malaysian Banking Group.

Mr. Yang has extensive senior management experience in the fields of investment, commercial and corporate banking, corporate finance, advisory services and stock broking on a cross-border basis. He has been involved in large scale project financing for the LNG plant in Bintulu for Petronas, the Airbus financing for MAS, the assembly plant financing for Volvo, etc.

Mr. Yang was also responsible for business development for Asean for Crosby Securities in Singapore in 1993. He is currently a director of an investment / management consultancy services company with clients in Australia, Malaysia, Hong Kong, China and other Asia-Pacific countries. He has been involved in IPOs and RTO exercises for a number of major corporations. He has sat on the Board of Directors of a number of public listed companies, including one listed in the London Stock Exchange.

Announcement Info

Stock Name EBCAP    
Date Announced15 Feb 2007  
CategoryChange in Boardroom
Reference NoEC-070215-63359