Date : 31 January 2007

Change in Boardroom


Date of change

Type of changeRedesignation
Previous PositionManaging Director
New PositionNon-Executive Director
DirectorateNon Independent & Non Executive
NameHwang Lip Teik
Working experience and occupation Mr. Hwang joined Hwang-DBS Securities Berhad (now known as Hwang-DBS Investment Bank Berhad) in 1983 as Senior Manager (Trading) in charge of the trading activities of Hwang-DBS Securities Berhad. He was appointed to the Board of the Company as an Executive Director on 1 December 1992 and as Managing Director on 9 December 2005. He was also appointed as an executive director of Hwang-DBS Securities Berhad on 18 January 1996. He assumed the position as Chief Executive Officer of Hwang-DBS Investment Bank Berhad today.
Directorship of public companies (if any)1) Hwang-DBS Investment Bank Berhad (formerly known as Hwang-DBS Securities Berhad)
2) Hwang-DBS Investment Management Berhad
Family relationship with any director and/or major shareholder of the listed issuerMr. Hwang is the son of Dato' Seri Hwang Sing Lue, the Executive Chairman and a deemed major shareholder of the Company. He is also the brother of Mr. Hwang Lip Koon, a deemed major shareholder of the Company.
Details of any interest in the securities of the listed issuer or its subsidiariesi) Direct interest of 5,000 ordinary shares of RM1.00 each in the Company; and
ii) Deemed interest of 68,102,000 ordinary shares of RM1.00 each in the Company.

Announcement Info

Stock Name HDBS    
Date Announced31 Jan 2007  
CategoryChange in Boardroom
Reference NoCU-070130-37066