October 21, 2010

Company announcements: PWE

PWE - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Resignation

Designation: Chairman of Audit Committee

Directorate: Non Independent & Non Executive

Name: Sunny Khoo

Age: 50

Nationality: Malaysian

Qualifications: Chartered Accountant

Working experience and occupation: Mr Sunny Khoo is a member of Malaysian Institute of Certified Public Accountants. For the period from 1981 to 1986, he was attached with Coopers & Lybrand as a Audit Trainee and did his articleship there. In 1987, he jointed Ernst & Young as Audit Senior and subsequently resigned in 1990. Thereafter, he joined Arab Malaysia Corporation Berhad as the Group Accountant and held the position until 1992. He then joined Ekran Berhad on 16 November 1992 as Group Financial Controller and resigned on March 2005. He also holds other directorships in several private limited companies.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

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): Stephen Chin Yun Chieh - Chairman of Audit Committee, Independent Non Executive Director
Azman Bin Bujang - Member of Audit Committee, Independent Non Executive Director
Ling Lee Chuon @ James Ling Chung - Member of Audit Committee, Non-Independent Non-Executive Director


PWE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Resignation

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: YM Tunku Dato' Seri Mahmud Bin Tunku Besar Burhanuddin

Age: 80

Nationality: Malaysian

Qualifications: -

Working experience and occupation: YM Tunku has been actively involved in the corporate world for over 24 years. YM Tunku joined the Malay Administrative Services in 1953 and was subsequently appointed as the Assistant District Officer of Tampin and later the Assistant District Officer of Jelebu. In 1957, YM Tunku joined the Royal Customs and Excise Department (Customs) as a Superintendent and was with the Customs for 23 years and rose to the position of Director. In 1980, YM Tunku retired from the Customs and joined Island and Peninsular Development Berhad as a General Manager where he remained until 1984. YM Tunku sits on the boards of a few privare limited companies.

Directorship of public companies (if any): Tamandam Bonded Warehouse Berhad

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil


PWE - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Azman Bin Bujang

Age: 47

Nationality: Malaysian

Qualifications: B.Sc Mechanical Engineering, England
Corporate Member,Institution of Engineers, Malaysia (MIEM) Lembaga Jurutera Malaysia Professional Engineer (P.Eng.)

Working experience and occupation: September 1986 - January 1987
SESCO, as Mechanical Engineer at Sg. Biawak Power Station, Kuching.

February 1987 - November 1987
SESCO, as Mechanical Engineer in Geration Planning Division, Head Office, Kuching.

December 1987 - February 1991
SESCO, as Mechanical Engineer in Major Projects Division, Kuching.

March 1991 - November 1992
SESCO, as Project Engineer (Mechanical) for the Bintulu Gas Turbine Power Plant, UNIT 1,2 & 3, Kuching.

December 1992 - March 1993
SESCO, as Resident Engineer (Mechanical) of Gas Turbine Power Plant UNIT 4, Bintulu.

April 1993 - June 1994
SESCO, as Project Engineer (Mechanical) for the Miri Gas Turbine Power Plant, UNIT 17, Miri.

July 1994 - December 1996
BAKUN MANAGEMENT SDN BHD, as Assistant Project Director (Power Station), for the Bakun HEP Project, Kuching.

Jan 1997 - December 1997
PPLS MANAGEMENT SDN BHD, Sr. as Project Engineer (Mechanical) for the Bintulu Gas Turbine Plant, Unit 7 & 8, Kuching.

1998 - Present
EPC Synergy Sdn Bhd, as Director

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

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): Stephen Chin Yun Chieh - Chairman of Audit Committee, Independent Non Executive Director
Azman Bin Bujang - Member of Audit Committee, Independent Non Executive Director
Ling Lee Chuon @ James Ling Chung - Member of Audit Committee, Non-Independent Non-Executive Director


PWE - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Appointment

Designation: Chairman of Audit Committee

Directorate: Independent & Non Executive

Name: Stephen Chin Yun Chieh

Age: 44

Nationality: Malaysian

Qualifications: Bachelor of Commerce, University of Canterbury, New Zealand
Chartered Accountant

Working experience and occupation: BEFORE 1990 Obtained a scholarship with the public accounting firm Touche Ross (Auckland, New Zealand), worked part-time as an audit assistant.
1990-1992
Deloitte Touche Tohmatsu (Auckland, New Zealand), (Touche Ross had merged with Deloitte Haskins & Sells), Audit Senior Accountant

1992-1994
BHP Lysaght Sdn Bhd (a subsidiary of BHP Australia) in Kuching, Malaysia Accountant

1995
Joined Arthur Andersen Brunei as Manager

1996-1997
Arab-Malaysian Merchant Bank, Kuching, Assistant Manager, Corporate Finance,

1998-1999
CCK Consolidated Holdings Berhad,General Manager

2000-2001
1st Silicon (Malaysia) Sdn Bhd, Treasury Manager.

2002-2004
CCK Consolidated Holdings Berhad, General Manager

2004- present X-Fab Sarawak Sdn Bhd
2004 Director of Corporate Finance
2005 - 2006 Chief Financial Officer
2006 - 2009 Director (BOD) /Chief Financial Officer
2010 Promoted to Managing Director (BOD)/Chief Executive Officer

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

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): Stephen Chin Yun Chieh - Chairman of Audit Committee, Independent Non Executive Director
Azman Bin Bujang - Member of Audit Committee, Independent Non Executive Director
Ling Lee Chuon @ James Ling Chung - Member of Audit Committee, Non-Independent Non-Executive Director


PWE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Appointment

Designation: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: TING ING HORH @ TING ING HO

Age: 50

Nationality: Malaysian

Qualifications: A Bachelor of Arts (Hons) Degree from York University and is a licensed company secretary.

Working experience and occupation: Mr Ting has extensive experiences in hotel operations, sawmilling and oil palm industries as well as in the public sector. He is currently a director of Pan Sarawak Holdings Sdn Bhd and Pansar Company Sdn Bhd and also holds various directorships in other private companies involved in the hotel and timber industries. Mr Ting is also the Deputy Chairman of Majlis Daerah Luar Bandar (Rural District Council) since 2004 and the Chairman of the Sarawak Society for the Blind Sibu Division.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: Yes

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil

Remarks: Conflict of Interest : Please refer to Section 11.2 of Circular to Shareholders dated 8 February 2010.


PWE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Appointment

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: Stephen Chin Yun Chieh

Age: 44

Nationality: Malaysian

Qualifications: Bachelor of Commerce, University of Canterbury, New Zealand
Chartered Accountant

Working experience and occupation: BEFORE 1990
Obtained a scholarship with the public accounting firm Touche Ross (Auckland, New Zealand), worked part-time as an audit assistant.

1990-1992
Deloitte Touche Tohmatsu (Auckland, New Zealand), (Touche Ross had merged with Deloitte Haskins & Sells),
Audit Senior Accountant

1992-1994
BHP Lysaght Sdn Bhd (a subsidiary of BHP Australia) in Kuching, Malaysia
Accountant

1995
Joined Arthur Andersen Brunei as Manager

1996-1997
Arab-Malaysian Merchant Bank, Kuching,
Assistant Manager, Corporate Finance,

1998-1999
CCK Consolidated Holdings Berhad
General Manager

2000-2001
1st Silicon (Malaysia) Sdn Bhd
Treasury Manager.

2002-2004
CCK Consolidated Holdings Berhad
General Manager

2004- present
X-Fab Sarawak Sdn Bhd

2004
Director of Corporate Finance

2005 - 2006
Chief Financial Officer

2006 - 2009
Director (BOD) /Chief Financial Officer

2010
Promoted to Managing Director (BOD)/Chief Executive Officer

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil


PWE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Appointment

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: Azman Bin Bujang

Age: 47

Nationality: Malaysian

Qualifications: B.Sc Mechanical Engineering, England
Corporate Member,Institution of Engineers, Malaysia (MIEM) Lembaga Jurutera Malaysia Professional Engineer (P.Eng.)

Working experience and occupation: September 1986 - January 1987
SESCO, as Mechanical Engineer at Sg. Biawak Power Station, Kuching.

February 1987 - November 1987
SESCO, as Mechanical Engineer in Geration Planning Division, Head Office, Kuching.

December 1987 - February 1991
SESCO, as Mechanical Engineer in Major Projects Division, Kuching.

March 1991 - November 1992
SESCO, as Project Engineer (Mechanical) for the Bintulu Gas Turbine Power Plant, UNIT 1,2 & 3, Kuching.

December 1992 - March 1993
SESCO, as Resident Engineer (Mechanical) of Gas Turbine Power Plant UNIT 4, Bintulu.

April 1993 - June 1994
SESCO, as Project Engineer (Mechanical) for the Miri Gas Turbine Power Plant, UNIT 17, Miri.

July 1994 - December 1996
BAKUN MANAGEMENT SDN BHD, as Assistant Project Director (Power Station), for the Bakun HEP Project, Kuching.

Jan 1997 - December 1997
PPLS MANAGEMENT SDN BHD, Sr. as Project Engineer (Mechanical) for the Bintulu Gas Turbine Plant, Unit 7 & 8, Kuching.

1998 - Present
EPC Synergy Sdn Bhd, as Director

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil


PWE - Change of Address

Announcement Type: Change of Address
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Change description: Registered

Old address: Lot 5428-5429, Block 16, KCLD
Lorong Lapangan Terbang Baru 1,
93350 Kuching, Sarawak.

New address: 4th Floor, Wisma Pansar 23-27,
Jalan Bengkel, 96000 Sibu, Sarawak.

Telephone no: 084-333366

Facsimile no: 084-331212

E-mail address: compliance@pansar.com.my

Effective date: 21/10/2010


PWE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Appointment

Designation: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Ling Lee Chuon @ James Ling Chung

Age: 63

Nationality: Malaysian

Qualifications: Bachelor of Engineering (Civil), University of Canterbury, New Zealand, 1971; P.E. (E)

Working experience and occupation: 1971 - 1972
Engineer with F. Sheppard & Partners, Auckland, New Zealand.

1972 - 1974
Engineer with Ang Thian Soo & Partners, Singapore.

1974 - 1979
Managing Partner of JDC Perunding, Kuching, Civil & Structural Consultant.

1977 - Present
James Ling Chung founded the construction company PERBENA EMAS SDN. BHD., Kuching and is the Managing Director until to-date. Over the years, the company had built a reputation as being one of the most reliable and established construction companies in Sarawak.
In year 2007, PE Group of Companies underwent a restructuring exercise with the formation of PE Holdings Sdn Bhd. James Ling Chung was appointed as Managing Director of PE Holdings Sdn Bhd and its subsidiary and associate companies.

A subsidiary company, PE Land Sdn Bhd, built and owned the most prominent and premiere shopping mall called 'tHe Spring' on a 12-acre land, situated at Jalan Simpang Tiga in Kuching, Sarawak. Since its opening in January 2008, James Ling Chung, as Managing Director of PE Land Sdn Bhd, the owner of the mall, has been leading the management team of the 'tHe Spring'.

In year 2006, James Ling Chung was appointed as director of Pan Sarawak Holdings Sdn Bhd, a related investment holding company of a prominent group involved in marketing and distribution of marine and industrial engineering products, construction and building materials, wood-engineering equipment and supplies, air-conditioning and ventilation systems, electrical and office automation products and supplies; civil, electrical and mechanical engineering and construction works and services; property development; manufacturing; insurance; information and communications technology and shipping business.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: Yes

Details of any interest in the securities of the listed issuer or its subsidiaries: No

Remarks: Conflict of Interest : Perbena Emas Sdn Bhd, PE Holdings Sdn Bhd and PE Land Sdn Bhd are associate companies of Pan Sarawak Holdings Sdn. Bhd.


PWE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PWE INDUSTRIES BERHAD
Stock Name: PWE
Date Announced: 21/10/2010

Announcement Detail:
Date of change: 21/10/2010

Type of change: Appointment

Designation: Managing Director

Directorate: Executive

Name: Tai Hee

Age: 46

Nationality: Malaysian

Qualifications: Mr Tai was educated in the United Kingdom specialising in information technology and management and is also a licensed company secretary.

Working experience and occupation: Mr Tai has been with Pan Sarawak Holdings Sdn Bhd ("PHSB") since 1988 and was instrumental in transforming Pansar Company Sdn. Bhd. ("PCSB") from a trading house to the total solutions provider that it is today. In 1996, he was appointed Executive Director of PCSB and PHSB and presently also sits on the board of directors of several subsidiary and associate companies of PHSB as well as several private companies outside PHSB group.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: Mr Tai Hee is the brother of Dato' James Tai Cheong @ Tai Chiong.

Any conflict of interests that he/she has with the listed issuer: Yes

Details of any interest in the securities of the listed issuer or its subsidiaries: 238,000,000 shares held by Pan Sarawak Holdings Sdn Bhd - Deemed interested by virtue of his substantial interest in Tai Sing Chii & Sons Sdn Bhd and Inplaced Capital Sdn Bhd pursuant to Section 6A of the Companies Act, 1965

Remarks: Conflict of Interest : Please refer to Section 11.2 of the Circular to Shareholders dated 8 February, 2010.



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