Change in Boardroom
HEVEABOARD BERHAD |
Date of change | 18/02/2013 |
Name | Yoong Tein Seng @ Yong Kian Seng |
Age | 65 |
Nationality | Malaysian |
Designation | Director |
Directorate | Non Independent & Non Executive |
Type of change | Resignation |
Reason | Resignation due to personal commitment |
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 | |
Working experience and occupation | Mr Yoong has over 30 years of experience in sawmill and timber export business. |
Directorship of public companies (if any) | Nil |
Family relationship with any director and/or major shareholder of the listed issuer | Mr Yoong is the father of Mr Yoong Hau Chun, the Group Managing Director and Ms Yoong Li Yen, the Executive Director of HeveaBoard Berhad and father-in-law of Mr Bailey Policarpio, a Non-Independent Non-Executive Director of HeveaBoard Berhad. |
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:- 170,000 ordinary shares of RM1.00 each 75,000 Warrant B *Indirect interest:- 40,872,400 ordinary shares of RM1.00 each 16,915,741 Warrant B * Deemed interested by virtue of Section 6A of the Companies Act, 1965 (shareholdings held through Tenson Holdings Sdn Bhd, a substantial shareholder of HeveaWood Industries Sdn Bhd) and by virtue of his family relationship with Yoong Hau Chun, his son and Yoong Li Yen, Yoong Li Mian, Yoong Li Beng and Yoong Li Xian, his daughters and deemed interested by virtue of HeveaWood Industries Sdn Bhd, being entitled to control the exercise of 100 percent of the votes attached to the voting shares in Gemas Ria Sdn Bhd. |
Announcement Info
Company Name | HEVEABOARD BERHAD |
Stock Name | HEVEA |
Date Announced | 18 Feb 2013 |
Category | Change in Boardroom |
Reference No | CA-130206-67313 |