Change in Boardroom
LINEAR CORPORATION BERHAD |
Date of change | 25/04/2011 |
Type of change | Redesignation |
Previous Position | Non-Executive Director |
New Position | Chairman |
Directorate | Executive |
Name | Lim Hun Beng |
Age | 54 |
Nationality | Malaysian |
Qualifications | Mr. Lim Hun Beng had his early education in Malaysia and thereafter pursued tertiary education in the UK. |
Working experience and occupation | Mr. Lim Hun Beng entered into business in his early twenties, firstly getting involved in various aspects of the family business, more particulary in business strategic investment and property investment. Taman Sri Rambai, Bukit Mertajam in Penang, a mixed development of 2500 units with a revenue of MYR 250 Million then, which was completed in the early eighties, was one of his earlier ventures into property development. In 1982, the family took over a regional media group operating in Malaysia, and a public listed company known as Chocolate 'Products Berhad, the manufacturer and franchise holder of the brand name "Van Houten" chocolates. Chocolates Products Berhad had a distribution network spanning the Asean region. Mr. Lim Hun Beng was the Group Managing Director of this company, and remained so until it was disposed off to the Lion Group of Malaysia. In 1989, Mr. Lim ventured into China, seeing that it was an emerging market with good business potential. With the experience obtained through the management of Chocolate Products Berhad, he set up a chocolate manufacturing concern in Shenzhen, China with China Oil, Foodstuff & Cereal Co. Ltd. (COFCO), a nationally owned food monopoly. It had a capital investment of USD 30 Million and was one of the first chcolate manufacturing companies in China, producing chocolotes under the brand-name "LeConte" nationwide. Mr. Lim eventually disposed of his interest in this company in 1992 to venture into other businesses in China. |
Directorship of public companies (if any) | Nil |
Family relationship with any director and/or major shareholder of the listed issuer | None |
Any conflict of interests that he/she has with the listed issuer | Nonel |
Details of any interest in the securities of the listed issuer or its subsidiaries | None |
Announcement Info
Company Name | LINEAR CORPORATION BERHAD |
Stock Name | LINEAR |
Date Announced | 25 Apr 2011 |
Category | Change in Boardroom |
Reference No | CS-110224-34528 |