Change in Boardroom
| KUMPULAN POWERNET BERHAD |
|
Date of change | 07/03/2013 |
| Name | Johari Low Bin Abdullah @ Low Han Hing |
| Age | 62 |
| Nationality | Malaysian |
| Designation | Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | Pursuant to the Malaysian Code on Corporate Governance 2012 and his tenure as Independent Non-Executive Director of more than nine years. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | - Fellow Member of The Institute of Chartered Accountants (England & Wales), the Malaysian Institute of Certified Public Accountants and the Malaysian Institute of Accountants. - Member of Mensa International and the recipient of the Young CPA award in 1989. |
| Working experience and occupation | Mr Johari was previously an auditor with Coopers & Lybrand, London and Kassim Chan, Executive Director of the AmBank Group in 1984, Group Managing Director of Berjaya Group Berhad, CEO of KFC Malaysia Berhad, and Deputy Chairman of Anglo Eastern Plantations Plc. Mr Johari is currently the Chief Executive Officer of his own consultancy practices, PL Advisory Services Sdn Bhd and Premier Advisory Services Sdn Bhd. He is the Chairman of the Rockwills International Group, the first and largest will-writing franchise system in Malaysia. He is also a director of Rockwills Trustee Berhad, a non-listed public company. |
| Directorship of public companies (if any) | 1. Amcorp Group Berhad 2. Malpac Holdings Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| 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 | Nil |
| Remarks : |
| Following to his resignation as a Senior Independent Non-Executive Director of the Company, he shall cease to be the Chairman of the Audit Committee and member of the Nomination Committee as well as the Remuneration Committee. |
Announcement Info
| Company Name | KUMPULAN POWERNET BERHAD |
| Stock Name | KPOWER |
| Date Announced | 7 Mar 2013 |
| Category | Change in Boardroom |
| Reference No | KP-130307-60310 |
