Change in Boardroom
LII HEN INDUSTRIES BHD. |
Date of change | 23/02/2013 |
Name | CHUA LEE SENG |
Age | 63 |
Nationality | Malaysian |
Type of change | Redesignation |
Previous Position | Chairman |
New Position | Executive Director |
Directorate | Executive |
Qualifications | High School |
Working experience and occupation | He began his working career as an apprentice after completing his Senior Middle Three Diploma in Chung Hwa High School, Muar in 1968. He set up Oasis Furniture, a partnership involved in furniture manufacturing in 1976. Thereafter, in 1979, he set up Seng Heng Furniture with three patners to manufacture sofas and dining furniture for the local market. He was the co-founder of Lii Hen Furniture Sdn Bhd, where presently he also serves as a director and of CT Haup Heng Sdn Bhd. |
Directorship of public companies (if any) | Nil |
Family relationship with any director and/or major shareholder of the listed issuer | He is a brother-in-law of Mr. Tok Heng Leong and uncle of Mr. Chua Yong Haup, both are executive director and managing director of the Company respectively. |
Any conflict of interests that he/she has with the listed issuer | Nil |
Details of any interest in the securities of the listed issuer or its subsidiaries | Direct interest in shares - 1,091,200 (1.819%) Indirect interest through a) family members' shares - 646,100 (1.077%) b) Assets Muar Sdn. Bhd. shares - 25,686,170 (42.810%) |
Remarks : |
The above redesignation is in line with the recommendation of the Malaysian Code of Governance 2012 for the position of chairman to be held by an Independent Director. |
Announcement Info
Company Name | LII HEN INDUSTRIES BHD. |
Stock Name | LIIHEN |
Date Announced | 25 Feb 2013 |
Category | Change in Boardroom |
Reference No | CC-130225-36993 |