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Date : 27 May 2005

Change in Boardroom

MULTI VEST RESOURCES BERHAD

Date of change

27/05/2005
Type of changeResignation
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
NameDato' Abdul Azim bin Mohd Zabidi
Age45
NationalityMalaysian
Qualifications- Master of Arts in Business Law from London Guildhall University
- Fellow of the Institute of Chartered Secretaries and Administrators.
Working experience and occupation - He has over 16 years of valuable experience in the banking and finance industry especially in the areas of Corporate Banking, Unit Trust Management and Property Fund Management.
- He was the Group Head of Corporate Banking Department of Bank of Commerce (M) Berhad and the General Manager of Commerce Property Trust Managers Berhad (now known as Amanah Property Trust Managers Berhad).
- In January 1995, he was made the Group General Manager of Commerce Asset Managers Sdn. Bhd.
- Presently, he is the Chairman of Bank Simpanan Nasional, Director of the World Saving Bank Institute and President of the Federation of Malaysian Unit Trust Managers.
Directorship of public companies (if any)Pica (M) Corporation Berhad
Wijaya Baru Global Berhad
Europlus Berhad
Trenergy (Malaysia) Berhad.
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 subsidiariesNil

Remarks :
Consequent to the aforesaid resignation, Dato' Abdul Azim bin Mohd Zabidi also vacates office as Member of the Executive Committee of MVEST with effect from 27 May 2005. In view thereof, the composition of the Executive Committee of MVEST shall be as follows:-

Chairman
Dato' Ong Kim Hoay (Independent Non-Executive Director)

Members
Dato' Shahrom Bin Abdul Majid (Independent Non-Executive Director)
Dato' Nik Mohd Amin Bin Nik Abu Bakar (Independent Non-Executive Director)


Announcement Info

Company NameMULTI VEST RESOURCES BERHAD  
Stock Name MVEST    
Date Announced27 May 2005  
CategoryChange in Boardroom
Reference NoCS-050527-744E4