BASWELL - General Announcement
Announcement Type: General Announcement
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Type: Announcement
Subject: BASWELL RESOURCES BERHAD ("BASWELL" OR "THE COMPANY")
- CHANGES IN THE COMPOSITION OF THE NOMINATION COMMITTEE ("NC") AND REMUNERATION COMMITTEE ("RC")
Contents: The Board of Directors of BASWELL wishes to inform on the following changes in the composition of the Committees of the Company with effect from 27 October 2010:-
Nomination Committee ("NC")
1. Mr. Lim Boon Chiang was re-designated as Member of the NC;
2. Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman has been appointed as the Chairman cum Member of the NC; and
3. Dr. Lai Chee Chuen ceased as Member of the NC.
Following the above changes, the composition of the NC is as follows:-
(1) Tan Sri Bentara Istana Nik Hashim Bin Nik Ab Rahman - Chairman (Independent Non-Executive Director)
(2) Mr. Lim Boon Chiang - Member (Independent Non-Executive Director)
(3) Mr. Chong Yong Kai @ Chong Yong Kait - Member (Independent Non-Executive Director)
Remuneration Committee ("RC")
1. Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman and Mr. Chong Yong Kai @ Chong Yong Kait have been appointed as Members of the RC; and
2. Mr. Khoo Yew Nean, Dr Lai Chee Chuen and Dato' Wong Kam Hoong ceased as Members of the RC.
Following the above changes, the composition of the RC is as follows:-
(1) Mr. Lim Boon Chiang - Chairman (Independent Non-Executive Director)
(2) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Member (Independent Non-Executive Director)
(3) Mr. Chong Yong Kai @ Chong Yong Kait - Member (Independent Non-Executive Director)
This announcement is dated 27 October 2010.
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Type: Announcement
Subject: BASWELL RESOURCES BERHAD ("BASWELL" OR "THE COMPANY")
- CHANGES IN THE COMPOSITION OF THE NOMINATION COMMITTEE ("NC") AND REMUNERATION COMMITTEE ("RC")
Contents: The Board of Directors of BASWELL wishes to inform on the following changes in the composition of the Committees of the Company with effect from 27 October 2010:-
Nomination Committee ("NC")
1. Mr. Lim Boon Chiang was re-designated as Member of the NC;
2. Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman has been appointed as the Chairman cum Member of the NC; and
3. Dr. Lai Chee Chuen ceased as Member of the NC.
Following the above changes, the composition of the NC is as follows:-
(1) Tan Sri Bentara Istana Nik Hashim Bin Nik Ab Rahman - Chairman (Independent Non-Executive Director)
(2) Mr. Lim Boon Chiang - Member (Independent Non-Executive Director)
(3) Mr. Chong Yong Kai @ Chong Yong Kait - Member (Independent Non-Executive Director)
Remuneration Committee ("RC")
1. Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman and Mr. Chong Yong Kai @ Chong Yong Kait have been appointed as Members of the RC; and
2. Mr. Khoo Yew Nean, Dr Lai Chee Chuen and Dato' Wong Kam Hoong ceased as Members of the RC.
Following the above changes, the composition of the RC is as follows:-
(1) Mr. Lim Boon Chiang - Chairman (Independent Non-Executive Director)
(2) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Member (Independent Non-Executive Director)
(3) Mr. Chong Yong Kai @ Chong Yong Kait - Member (Independent Non-Executive Director)
This announcement is dated 27 October 2010.
BASWELL - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab. Rahman
Age: 67
Nationality: Malaysian
Qualifications: 1. 1948-1954: Sekolah Melayu Ab. Hadi Banggol, Kota Bharu, Kelantan
2. 1955-1958: Islah English School Kota Bharu, Kelantan
3. 1959-1962: Sultan Ismail College Kota Bharu, Kelantan
4. 1968-1970: Barrister-At-Law, Inner Temple, London
Working experience and occupation: Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab. Rahman started his career in 1963 as a Clerical Officer with the Land Office & General Hospital Kota Bharu, Kelantan. The following year, he was appointed as a police inspector until 1968, when he left on a scholarship to read law. He was admitted as a Barrister-at-Law of the Inner Temple, London and upon his return, joined the Judicial and Legal Service (JLS).
Tan Sri Dato' Bentara Istana Nik Hashim has held various posts in the JLS since 1970: a magistrate in Klang and Kuala Terengganu; President of the Sessions Court in Temerloh and Muar; Deputy Director of the Legal Aid Bureau; Senior Federal Counsel of the Ministry of Housing and Local Government; Judge Advocate, Ministry of Defence; Deputy Public Prosecutor, Sarawak; State Legal Advisor, Terengganu; Senior Federal Counsel (Special Unit) in the Attorney General's Chambers; Deputy Parliamentary Draftsman; Public Trustee and Official Administrator; the first and founding Director General of the Judicial and Legal Training Institute (ILKAP) and Chairman of the Advisory Board in the Prime Minister's Department, Taiping Perak before he was retired on national interest to be appointed to the Malaysian Judiciary.
On 1st October 1995, Tan Sri Dato' Bentara Istana Nik Hashim was appointed as a Judicial Commissioner of the High Court Malaya and was posted to Kota Bharu and later to Kuala Lumpur. Two years later, he was confirmed as a Judge of the High Court. On 1st August 2003 he was promoted to the Court of Appeal and subsequently on 17th June 2005 he was made a Judge of the Federal Court until he retired on 1st July 2009 on reaching the age of 66 years and 6 months.
Tan Sri Dato' Bentara Istana Nik Hashim was a member of the Royal Police Force Commission from 12th March 2004 until 11th March 2008. He has been a member of the Syariah Appeal Court, Kelantan since April 1998 and an Adjunct Professor in the Faculty of Law and International Relations of the University of Darul Iman Malaysia from 1st February 2009 until 31st January 2010.
Directorship of public companies (if any): 1. Inch Kenneth Kajang Rubber Public Limited Company
2. Olympia Industries Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Tan Sri Dato' Bentara Istana Nik Hashim does not have any family relationship with any other directors and/or substantial shareholders of the Company
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
Composition of Audit Committee (Name and Directorate of members after change): (1) Mr. Chong Yong Kai - Independent Non-Executive Director (Chairman)
(2) Mr. Lim Boon Chiang - Independent Non-Executive Director (Member)
(3) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Independent Non-Executive Director (Member)
(4) Dato' Wong Kam Hoong - Non-Independent Non-Executive Director (Member)
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab. Rahman
Age: 67
Nationality: Malaysian
Qualifications: 1. 1948-1954: Sekolah Melayu Ab. Hadi Banggol, Kota Bharu, Kelantan
2. 1955-1958: Islah English School Kota Bharu, Kelantan
3. 1959-1962: Sultan Ismail College Kota Bharu, Kelantan
4. 1968-1970: Barrister-At-Law, Inner Temple, London
Working experience and occupation: Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab. Rahman started his career in 1963 as a Clerical Officer with the Land Office & General Hospital Kota Bharu, Kelantan. The following year, he was appointed as a police inspector until 1968, when he left on a scholarship to read law. He was admitted as a Barrister-at-Law of the Inner Temple, London and upon his return, joined the Judicial and Legal Service (JLS).
Tan Sri Dato' Bentara Istana Nik Hashim has held various posts in the JLS since 1970: a magistrate in Klang and Kuala Terengganu; President of the Sessions Court in Temerloh and Muar; Deputy Director of the Legal Aid Bureau; Senior Federal Counsel of the Ministry of Housing and Local Government; Judge Advocate, Ministry of Defence; Deputy Public Prosecutor, Sarawak; State Legal Advisor, Terengganu; Senior Federal Counsel (Special Unit) in the Attorney General's Chambers; Deputy Parliamentary Draftsman; Public Trustee and Official Administrator; the first and founding Director General of the Judicial and Legal Training Institute (ILKAP) and Chairman of the Advisory Board in the Prime Minister's Department, Taiping Perak before he was retired on national interest to be appointed to the Malaysian Judiciary.
On 1st October 1995, Tan Sri Dato' Bentara Istana Nik Hashim was appointed as a Judicial Commissioner of the High Court Malaya and was posted to Kota Bharu and later to Kuala Lumpur. Two years later, he was confirmed as a Judge of the High Court. On 1st August 2003 he was promoted to the Court of Appeal and subsequently on 17th June 2005 he was made a Judge of the Federal Court until he retired on 1st July 2009 on reaching the age of 66 years and 6 months.
Tan Sri Dato' Bentara Istana Nik Hashim was a member of the Royal Police Force Commission from 12th March 2004 until 11th March 2008. He has been a member of the Syariah Appeal Court, Kelantan since April 1998 and an Adjunct Professor in the Faculty of Law and International Relations of the University of Darul Iman Malaysia from 1st February 2009 until 31st January 2010.
Directorship of public companies (if any): 1. Inch Kenneth Kajang Rubber Public Limited Company
2. Olympia Industries Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Tan Sri Dato' Bentara Istana Nik Hashim does not have any family relationship with any other directors and/or substantial shareholders of the Company
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
Composition of Audit Committee (Name and Directorate of members after change): (1) Mr. Chong Yong Kai - Independent Non-Executive Director (Chairman)
(2) Mr. Lim Boon Chiang - Independent Non-Executive Director (Member)
(3) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Independent Non-Executive Director (Member)
(4) Dato' Wong Kam Hoong - Non-Independent Non-Executive Director (Member)
BASWELL - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Redesignation
Previous Position: Member of Audit Committee
New Position: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Chong Yong Kai @ Chong Yong Kait
Age: 64
Nationality: Malaysian
Qualifications: 1) Member of Chartered Institute of Bankers (UK)
2) Member of British Institute of Management (UK)- MIMgt.
3) Member of Institute of Credit Management (UK)-MICM.
4) Associate of American Institute of Management (US)-AIMA
5) Associate of Institute of Marketing- MIMM
Working experience and occupation: 1964-1979
United Asian Bank Berhad (Foreign Bank)
United Asian Bank Berhad (Local Bank)
Officer-In-Charge of Credit Division
1979-1980
Hong Leong Finance Berhad
Credit Executive
1980-1988
Finplan Leasing Sdn. Bhd.
Senior Manager
1988-1994
Mechmar Capital Sdn. Bhd.
(formerly known as Titan Leasing Sdn. Bhd )
(Wholly-owned subsidiary of Mechmar Corporation Berhad)
General Manager
1994-Now
Business, Financial & Corporate Affairs Advisor & Consultant for Group of Companies.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Mr. Chong does not have any family relationship with any other directors and/or substantial shareholders of the Company
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
Composition of Audit Committee (Name and Directorate of members after change): (1) Mr. Chong Yong Kai - Independent Non-Executive Director (Chairman)
(2) Mr. Lim Boon Chiang - Independent Non-Executive Director (Member)
(3) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Independent Non-Executive Director (Member)
(4) Dato' Wong Kam Hoong - Non-Independent Non-Executive Director (Member)
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Redesignation
Previous Position: Member of Audit Committee
New Position: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Chong Yong Kai @ Chong Yong Kait
Age: 64
Nationality: Malaysian
Qualifications: 1) Member of Chartered Institute of Bankers (UK)
2) Member of British Institute of Management (UK)- MIMgt.
3) Member of Institute of Credit Management (UK)-MICM.
4) Associate of American Institute of Management (US)-AIMA
5) Associate of Institute of Marketing- MIMM
Working experience and occupation: 1964-1979
United Asian Bank Berhad (Foreign Bank)
United Asian Bank Berhad (Local Bank)
Officer-In-Charge of Credit Division
1979-1980
Hong Leong Finance Berhad
Credit Executive
1980-1988
Finplan Leasing Sdn. Bhd.
Senior Manager
1988-1994
Mechmar Capital Sdn. Bhd.
(formerly known as Titan Leasing Sdn. Bhd )
(Wholly-owned subsidiary of Mechmar Corporation Berhad)
General Manager
1994-Now
Business, Financial & Corporate Affairs Advisor & Consultant for Group of Companies.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Mr. Chong does not have any family relationship with any other directors and/or substantial shareholders of the Company
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
Composition of Audit Committee (Name and Directorate of members after change): (1) Mr. Chong Yong Kai - Independent Non-Executive Director (Chairman)
(2) Mr. Lim Boon Chiang - Independent Non-Executive Director (Member)
(3) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Independent Non-Executive Director (Member)
(4) Dato' Wong Kam Hoong - Non-Independent Non-Executive Director (Member)
BASWELL - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Cessation
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Dr. Lai Chee Chuen
Age: 46
Nationality: Malaysian
Qualifications: Dr. Lai was appointed to the Board of Baswell on 30 August 2002. He obtained his professional qualifications from Chartered Institute of Management Accountants ("CIMA") in 1986 and Chartered Association of Certified Accountants ("CACA") in 1987. Subsequently, he obtained his Master of Business Administration and Doctor of Philosophy in Finance from City University Business School, London, United Kingdom ("UK") in 1992 and 1997 respectively. He has been an Associate of CIMA since 1991 and a Fellow of CACA since 1996. He has also been a member of the Chartered Institute of Marketing since 2000.
Working experience and occupation: He worked in UK for 11 years between 1985 and 1996. He gained substantial experience in financial services working as a Senior Financial Accountant with Barclays Mercantile Group. Whilst in the academia, he lectured in Finance and Accounting at London Business School and the City Banking College, London, UK. Upon his return to Malaysia in 1996, he joined Price Waterhouse (now known as PricewaterhouseCoopers) as Managing Consultant and was subsequently promoted to Executive Director in 1999 in the Corporate Finance and Investment Banking Division. He left in August 2000, to assume his position as Chief Executive Officer of Seloga Holdings Berhad. Subsequently, he resigned on 31 July 2002 as Chief Executive Officer but remained as Corporate Adviser of Seloga Holdings Berhad until 31 December 2003. On 26 August 2003, he was appointed as Independent Non-Executive Director of SR II Berhad. In 2009, he resigned as Independent Non-Executive Director of SR II Berhad.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Dr. Lai does not have any family relationship with any other directors and/or substantial shareholders of the Company
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
Composition of Audit Committee (Name and Directorate of members after change): (1) Mr. Chong Yong Kai - Independent Non-Executive Director (Chairman)
(2) Mr. Lim Boon Chiang - Independent Non-Executive Director (Member)
(3) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Independent Non-Executive Director (Member)
(4) Dato' Wong Kam Hoong - Non-Independent Non-Executive Director (Member)
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Cessation
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Dr. Lai Chee Chuen
Age: 46
Nationality: Malaysian
Qualifications: Dr. Lai was appointed to the Board of Baswell on 30 August 2002. He obtained his professional qualifications from Chartered Institute of Management Accountants ("CIMA") in 1986 and Chartered Association of Certified Accountants ("CACA") in 1987. Subsequently, he obtained his Master of Business Administration and Doctor of Philosophy in Finance from City University Business School, London, United Kingdom ("UK") in 1992 and 1997 respectively. He has been an Associate of CIMA since 1991 and a Fellow of CACA since 1996. He has also been a member of the Chartered Institute of Marketing since 2000.
Working experience and occupation: He worked in UK for 11 years between 1985 and 1996. He gained substantial experience in financial services working as a Senior Financial Accountant with Barclays Mercantile Group. Whilst in the academia, he lectured in Finance and Accounting at London Business School and the City Banking College, London, UK. Upon his return to Malaysia in 1996, he joined Price Waterhouse (now known as PricewaterhouseCoopers) as Managing Consultant and was subsequently promoted to Executive Director in 1999 in the Corporate Finance and Investment Banking Division. He left in August 2000, to assume his position as Chief Executive Officer of Seloga Holdings Berhad. Subsequently, he resigned on 31 July 2002 as Chief Executive Officer but remained as Corporate Adviser of Seloga Holdings Berhad until 31 December 2003. On 26 August 2003, he was appointed as Independent Non-Executive Director of SR II Berhad. In 2009, he resigned as Independent Non-Executive Director of SR II Berhad.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Dr. Lai does not have any family relationship with any other directors and/or substantial shareholders of the Company
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
Composition of Audit Committee (Name and Directorate of members after change): (1) Mr. Chong Yong Kai - Independent Non-Executive Director (Chairman)
(2) Mr. Lim Boon Chiang - Independent Non-Executive Director (Member)
(3) Tan Sri Dato' Bentara Istana Nik Hashim Bin Nik Ab Rahman - Independent Non-Executive Director (Member)
(4) Dato' Wong Kam Hoong - Non-Independent Non-Executive Director (Member)
BASWELL - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Redesignation
Previous Position: Non-Executive Director
New Position: Managing Director
Directorate: Executive
Name: Dr. Lai Chee Chuen
Age: 46
Nationality: Malaysian
Qualifications: He obtained his professional qualifications from Chartered Institute of Management Accountants ("CIMA") in 1986 and Chartered Association of Certified Accountants ("CACA") in 1987. Subsequently, he obtained his Master of Business Administration and Doctor of Philosophy in Finance from City University Business School, London, United Kingdom ("UK") in 1992 and 1997 respectively. He has been an Associate of CIMA since 1991 and a Fellow of CACA since 1996. He has also been a member of the Chartered Institute of Marketing since 2000.
Working experience and occupation: Dr. Lai was appointed to the Board of Baswell on 30 August 2002. He worked in UK for 11 years between 1985 and 1996. He gained substantial experience in financial services working as a Senior Financial Accountant with Barclays Mercantile Group. Whilst in the academia, he lectured in Finance and Accounting at London Business School and the City Banking College, London, UK. Upon his return to Malaysia in 1996, he joined Price Waterhouse (now known as PricewaterhouseCoopers) as Managing Consultant and was subsequently promoted to Executive Director in 1999 in the Corporate Finance and Investment Banking Division. He left in August 2000, to assume his position as Chief Executive Officer of Seloga Holdings Berhad. Subsequently, he resigned on 31 July 2002 as Chief Executive Officer but remained as Corporate Adviser of Seloga Holdings Berhad until 31 December 2003. On 26 August 2003, he was appointed as Independent Non-Executive Director of SR II Berhad. In 2009, he resigned as Independent Non-Executive Director of SR II Berhad.
Directorship of public companies (if any): Nil
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 redesignation of Dr.Lai Chee Chuen from Senior Independent Non-Executive Director to Managing Director/Chief Executive Officer took place with effect from 27 October 2010.
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Redesignation
Previous Position: Non-Executive Director
New Position: Managing Director
Directorate: Executive
Name: Dr. Lai Chee Chuen
Age: 46
Nationality: Malaysian
Qualifications: He obtained his professional qualifications from Chartered Institute of Management Accountants ("CIMA") in 1986 and Chartered Association of Certified Accountants ("CACA") in 1987. Subsequently, he obtained his Master of Business Administration and Doctor of Philosophy in Finance from City University Business School, London, United Kingdom ("UK") in 1992 and 1997 respectively. He has been an Associate of CIMA since 1991 and a Fellow of CACA since 1996. He has also been a member of the Chartered Institute of Marketing since 2000.
Working experience and occupation: Dr. Lai was appointed to the Board of Baswell on 30 August 2002. He worked in UK for 11 years between 1985 and 1996. He gained substantial experience in financial services working as a Senior Financial Accountant with Barclays Mercantile Group. Whilst in the academia, he lectured in Finance and Accounting at London Business School and the City Banking College, London, UK. Upon his return to Malaysia in 1996, he joined Price Waterhouse (now known as PricewaterhouseCoopers) as Managing Consultant and was subsequently promoted to Executive Director in 1999 in the Corporate Finance and Investment Banking Division. He left in August 2000, to assume his position as Chief Executive Officer of Seloga Holdings Berhad. Subsequently, he resigned on 31 July 2002 as Chief Executive Officer but remained as Corporate Adviser of Seloga Holdings Berhad until 31 December 2003. On 26 August 2003, he was appointed as Independent Non-Executive Director of SR II Berhad. In 2009, he resigned as Independent Non-Executive Director of SR II Berhad.
Directorship of public companies (if any): Nil
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 redesignation of Dr.Lai Chee Chuen from Senior Independent Non-Executive Director to Managing Director/Chief Executive Officer took place with effect from 27 October 2010.
BASWELL - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Redesignation
Previous Position: Managing Director
New Position: Executive Director
Directorate: Executive
Name: Khoo Yew Kheng
Age: 51
Nationality: Malaysian
Qualifications: N/A
Working experience and occupation: Ms. Khoo Yew Kheng began her career in an accounting and taxation firm before venturing into furniture trading. After five (5) years, she decided to help in the setting up of Baswood Industries Sdn Bhd in 1984. Since then, she has acquired various management skills from finance to operations management. She also played a pivotal role in product development, and driving innovations in the design and manufacturing of the Baswell Group's products as well as assisted the former Executive Chairman in developing marketing and business strategies for the Group.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Ms. Khoo Yew Kheng is the sister of Mr. Khoo Yew Nean, an Executive Director of the Company.
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: 1,033,146
Remarks: The redesignation of Ms. Khoo Yew Kheng from Managing Director/Chief Executive Officer to Executive Director took place with effect from 27 October 2010.
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 27/10/2010
Announcement Detail:
Date of change: 27/10/2010
Type of change: Redesignation
Previous Position: Managing Director
New Position: Executive Director
Directorate: Executive
Name: Khoo Yew Kheng
Age: 51
Nationality: Malaysian
Qualifications: N/A
Working experience and occupation: Ms. Khoo Yew Kheng began her career in an accounting and taxation firm before venturing into furniture trading. After five (5) years, she decided to help in the setting up of Baswood Industries Sdn Bhd in 1984. Since then, she has acquired various management skills from finance to operations management. She also played a pivotal role in product development, and driving innovations in the design and manufacturing of the Baswell Group's products as well as assisted the former Executive Chairman in developing marketing and business strategies for the Group.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Ms. Khoo Yew Kheng is the sister of Mr. Khoo Yew Nean, an Executive Director of the Company.
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: 1,033,146
Remarks: The redesignation of Ms. Khoo Yew Kheng from Managing Director/Chief Executive Officer to Executive Director took place with effect from 27 October 2010.
HAIO - General Announcement
Announcement Type: General Announcement
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 27/10/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: YL-101025-53497
Subject: SHARE SALE AND SHAREHOLDERS' AGREEMENT BETWEEN HAI-O PROPERTIES SDN BHD AND SIERRA EQUATORIAL DEVELOPMENT SDN BHD ("SED")
Contents: Reply to query by Bursa Malaysia Securities Berhad dated 26 October 2010.
Query Letter content: We refer to your announcement dated 22 October 2010 in respect of the
abovementioned matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release : -
1. The original cost of investment and date of invesment of HOP in the Sale
Shares.
2. The expected gains or losses to Hai-O Enterprise Berhad ("HOE") group
arising from the disposal of the Sale Shares.
3. The particulars of all liabilities to be assumed by SED arising from the
acqusition of the Sale Shares.
4. The highest percentage ratio applicable to the Agreement pursuant to
paragraph 10.02(g) of Main Market Listing Requirements.
5. The eventual issued and paid-up share of Hai-O Developement Sdn Bhd ("HOD").
6. The sources of funds for financing the investment in HOD by HOP/HOE.
7. The rationale of HOE for undertaking the business of property investment
and development in Malaysia.
Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/YLS
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 27/10/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: YL-101025-53497
Subject: SHARE SALE AND SHAREHOLDERS' AGREEMENT BETWEEN HAI-O PROPERTIES SDN BHD AND SIERRA EQUATORIAL DEVELOPMENT SDN BHD ("SED")
Contents: Reply to query by Bursa Malaysia Securities Berhad dated 26 October 2010.
Query Letter content: We refer to your announcement dated 22 October 2010 in respect of the
abovementioned matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release : -
1. The original cost of investment and date of invesment of HOP in the Sale
Shares.
2. The expected gains or losses to Hai-O Enterprise Berhad ("HOE") group
arising from the disposal of the Sale Shares.
3. The particulars of all liabilities to be assumed by SED arising from the
acqusition of the Sale Shares.
4. The highest percentage ratio applicable to the Agreement pursuant to
paragraph 10.02(g) of Main Market Listing Requirements.
5. The eventual issued and paid-up share of Hai-O Developement Sdn Bhd ("HOD").
6. The sources of funds for financing the investment in HOD by HOP/HOE.
7. The rationale of HOE for undertaking the business of property investment
and development in Malaysia.
Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/YLS
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
HAIO - General Announcement
Announcement Type: General Announcement
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 27/10/2010
Announcement Detail:
Type: Announcement
Subject: HAI-O ENTERPRISE BERHAD
INCORPORATION OF SUBSIDIARY IN BEIJING, CHINA BY WHOLLY OWNED SUBSIDIARY, HAI-O (HONG KONG) INVESTMENT LIMITED
Contents: Further to the announcement on 6 July 2010 and 30 September 2010, the Board of Directors of Hai-O Enterprise Berhad wishes to announce that the proposed investment in Seagull Technology (Beijing) Co. Ltd. ("Seagull Technology") via its wholly-owned subsidiary, Hai-O (Hong Kong) Investment Limited ("Hai-O (HK)") has been completed.
The initial paid-up share capital of Seagull Technology of RMB1,007,905.38 has been duly registered with the relevant authorities in Beijing, China on 15 October 2010. With effect therefrom, Seagull Technology is now a wholly-owned subsidiary of Hai-O (HK).
This announcement is dated 27 October 2010.
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 27/10/2010
Announcement Detail:
Type: Announcement
Subject: HAI-O ENTERPRISE BERHAD
INCORPORATION OF SUBSIDIARY IN BEIJING, CHINA BY WHOLLY OWNED SUBSIDIARY, HAI-O (HONG KONG) INVESTMENT LIMITED
Contents: Further to the announcement on 6 July 2010 and 30 September 2010, the Board of Directors of Hai-O Enterprise Berhad wishes to announce that the proposed investment in Seagull Technology (Beijing) Co. Ltd. ("Seagull Technology") via its wholly-owned subsidiary, Hai-O (Hong Kong) Investment Limited ("Hai-O (HK)") has been completed.
The initial paid-up share capital of Seagull Technology of RMB1,007,905.38 has been duly registered with the relevant authorities in Beijing, China on 15 October 2010. With effect therefrom, Seagull Technology is now a wholly-owned subsidiary of Hai-O (HK).
This announcement is dated 27 October 2010.
HPI - Quarterly rpt on consolidated results for the financial period ended 31/8/2010
Announcement Type: Financial Results
Company Name: HPI RESOURCES BERHAD
Stock Name: HPI
Date Announced: 27/10/2010
Announcement Detail:
Financial Year End: 31/05/2011
Quarter: 1
Quarterly report for the financial period ended: 31/08/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: HPI RESOURCES BERHAD
Stock Name: HPI
Date Announced: 27/10/2010
Announcement Detail:
Financial Year End: 31/05/2011
Quarter: 1
Quarterly report for the financial period ended: 31/08/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
GADANG - General Announcement
Announcement Type: General Announcement
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 27/10/2010
Announcement Detail:
Type: Announcement
Subject: Gadang Holdings Berhad ("Gadang" or "Company")
- Notification of dealings in securities during closed period
Contents: Further to the announcement made to Bursa Malaysia Securities Berhad on 4 October 2010 in relation to the notice of intention to deal by Tan Sri Dato' Kok Onn ("Affected Person") in the securities of the Company during closed period, the Affected Person had on 27 October 2010 informed the Company of his dealings in the securities of the Company as per the table below:-
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 27/10/2010
Announcement Detail:
Type: Announcement
Subject: Gadang Holdings Berhad ("Gadang" or "Company")
- Notification of dealings in securities during closed period
Contents: Further to the announcement made to Bursa Malaysia Securities Berhad on 4 October 2010 in relation to the notice of intention to deal by Tan Sri Dato' Kok Onn ("Affected Person") in the securities of the Company during closed period, the Affected Person had on 27 October 2010 informed the Company of his dealings in the securities of the Company as per the table below:-
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