Change in Boardroom
| BURSA MALAYSIA BERHAD |
|
Date of change | 28/03/2013 |
| Name | Datuk Karownakaran @ Karunakaran a/l Ramasamy |
| Age | 62 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Economics (Hon) in Accounting, University of Malaya |
| Working experience and occupation | Datuk Karownakaran @ Karunakaran a/l Ramasamy joined the Malaysian Industrial Development Authority ("MIDA") in August 1972 and served in various positions including Deputy Director, Director, Deputy Director-General and Director-General. He also served as the Director of MIDA Singapore, Cologne (Germany) and London (England). Having served MIDA for about 36 years, Datuk Karunakaran retired as the Director-General of MIDA in June 2008, a position he held for about 4 years. During Datuk Karunakaran’s service with MIDA, he was responsible for the promotion and coordination of the development of the manufacturing and services sector in Malaysia including promoting domestic and foreign investment in Malaysia. |
| Directorship of public companies (if any) | Integrated Logistics Berhad (Chairman) Chemical Company of Malaysia Berhad IOI Corporation Berhad Lion Corporation Berhad Maybank Investment Bank Berhad Maybank Asset Management Group Berhad Etiqa Insurance 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 : |
| The Notice of 36th Annual General Meeting (AGM) dated 28 February 2013 serves as notice of candidature in accordance with Article 71 of the Articles of Association of Bursa Malaysia Berhad (Bursa) for the election of Datuk Karownakaran @ Karunakaran a/l Ramasamy to the office of Director of Bursa as recommended by the Board of Directors. The Securities Commission's concurrence had been obtained pursuant to Section 10(1)(b) of the Capital Markets and Services Act 2007 for his election to take place at the 36th AGM upon the shareholders' approval, for replacing the retiring Director(s). The appointment of Datuk Karownakaran @ Karunakaran a/l Ramasamy as Independent Non-Executive Director of Bursa in accordance with Article 69 of the Bursa's Articles of Association was approved at the 36th AGM held on 28 March 2013. |
Announcement Info
| Company Name | BURSA MALAYSIA BERHAD |
| Stock Name | BURSA |
| Date Announced | 28 Mar 2013 |
| Category | Change in Boardroom |
| Reference No | BM-130311-43052 |
