EIG - PUBLIC SHAREHOLDINGS SPREAD
| Company Name | ESTHETICS INTERNATIONAL GROUP BERHAD |
| Stock Name | EIG |
| Date Announced | 21 Nov 2012 |
| Category | General Announcement |
| Reference No | C&-121121-44D06 |
| Type | Announcement |
| Subject | PUBLIC SHAREHOLDINGS SPREAD |
| Description | We refer to the announcement dated 5 January 2012, 18 June 2012 and 27 August 2012. Pursuant to Paragraph 8.02 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”), Esthetics International Group Berhad (“EIG” or “the Company”) wishes to inform that the Company’s public shareholding spread as at 31 October 2012 was 22.25%. Bursa Securities via its letter dated 14 June 2012, has resolved, without any conditions, to grant EIG an extension of time for a period of six (6) months up to 9 January 2013, to comply with the public spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements. On 19 October 2012, Providence Capital Sdn Bhd (“PCSB” or “Offeror”) acquired 43,788,298 ordinary shares of RM0.50 each in EIG (“EIG Shares”), representing approximately 23.69% of the issued and paid-up share capital of EIG as at 19 October 2012 and 20,448,098 warrants 2012/2017 issued by EIG (“Warrants”), representing 38.73% of the total Warrants as at 19 October 2012 at RM0.50 per EIG Share and RM0.12 per Warrant (the “Acquisition”). As the shareholding of PCSB in EIG had increased from 35.97% to 59.66% as a result of the Acquisition, pursuant to Section 218(2) of the CMSA and Section 9(1)(b), Part III of the Code, PCSB is obliged to extend a mandatory take-over offer to acquire the following: (i)all the remaining EIG Shares not already owned by PCSB and the persons acting in concert with it (“PACs”); (ii)all the outstanding Warrants not already owned by PCSB and the PACs; and (iii)all the new EIG Shares that may be issued prior to the Closing Date of the Offer arising from the exercise of outstanding Warrants, for a cash offer price of RM0.50 per EIG Share and RM0.12 per Warrant respectively(“Offer”). The Offer will be open for acceptances until 5.00 p.m. on 30 November 2012, being the Closing Date. PCSB does not intend to extend the date and time for acceptance of the Offer beyond the Closing Date. Notwithstanding the above, it is the intention of PCSB to maintain the listing status of EIG. If the level of acceptances received by PCSB pursuant to the Offer results in a further shortfall in the public spread of EIG of 22.25%, PCSB will explore various options or proposals in order to rectify the shortfall in the public shareholding spread of EIG within the stipulated timeframe as may be prescribed by Bursa Securities. Where necessary, the actual course of action to be taken will depend on, among others, the circumstances as well as the prevailing market conditions at the relevant time. Further, such rectification of the shortfall in the public shareholding spread of EIG shall not result in PCSB and the PACs holding an equity interest of less than 50% in EIG. EIG shareholders and warrant holders are advised to refer to the Offer Document dated 9 November 2012 and the Independent Advice Circular dated 19 November 2012. The Company will make the relevant announcement in relation to the status of its efforts to comply with the public shareholding spread requirement every quarter of its financial year in compliance with the Main Market Listing Requirement of Bursa Securities. This announcement is dated 21 November 2012. |
EIG - OTHERS ESTHETICS INTERNATIONAL GROUP BERHAD Distribution Agreement with First Natural Brands Limited for the distribution of Tisserand aromatherapy and beauty products in Malaysia, Singapore, Thailand, Brunei, Indonesia, Philippines, Vietnam, Cambodia, Myanmar and Hong Kong
| Company Name | ESTHETICS INTERNATIONAL GROUP BERHAD |
| Stock Name | EIG |
| Date Announced | 21 Nov 2012 |
| Category | General Announcement |
| Reference No | C&-121121-24458 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ESTHETICS INTERNATIONAL GROUP BERHAD Distribution Agreement with First Natural Brands Limited for the distribution of Tisserand aromatherapy and beauty products in Malaysia, Singapore, Thailand, Brunei, Indonesia, Philippines, Vietnam, Cambodia, Myanmar and Hong Kong |
Esthetics International Group Berhad (“EIG” or “the Company”) is pleased to announce that its subsidiary EIG Dermal Wellness (M) Sdn Bhd (“EIGMY”) has signed a Distribution Agreement (the “Agreement”) with First Natural Brands Limited on 21 November 2012. The Agreement grants EIGMY the exclusive rights to distribute Tisserand aromatherapy and beauty products in Malaysia, Singapore, Thailand, Brunei, Indonesia, Philippines, Vietnam, Cambodia, Myanmar and Hong Kong. The term of the Agreement is for a period of ten (10) years commencing from 21 November 2012 to 21 November 2022 and is renewable for a further period of ten (10) years. The Agreement will enable EIG to extend its professional distribution capabilities and product portfolio to the distribution of aromatherapy and beauty products to all appropriate channels of distribution, including professional salons. First Natural Brands Limited, incorporated in the United Kingdom is a company that specialises in the development of aromatherapy and beauty products and is the brand owner of Tisserand which was established in 1974. The Directors of EIG, having considered all relevant factors, is of the view that it is in the interest of EIG for EIGMY to enter into the Agreement. The signing of the Agreement will not have any effect on the share capital and substantial shareholdings structure of EIG. With focused and prudent sales and marketing efforts and barring unforeseen circumstances, the Agreement is expected to positively contribute to future profits, earning per share and net assets of EIG. None of the Directors of the Company, substantial shareholders and/or persons connected to them has any interest, direct or indirect in the above transaction. This announcement is dated 21 November 2012. | |
AIRASIA - Changes in Director's Interest (S135) - Dato' Kamarudin Bin Meranun
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 21 Nov 2012 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CM-121121-7B70C |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Kamarudin Bin Meranun |
| Address | 27 Jalan Setiabakti 6 Bukit Damansara 50490 Kuala Lumpur Wilayah Persekutuan |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 3,700,000 | 2.850 |
| Circumstances by reason of which change has occurred | Acquisition of shares |
| Nature of interest | Direct and Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 2,292,900 |
| Direct (%) | 0.08 |
| Indirect/deemed interest (units) | 692,408,382 |
| Indirect/deemed interest (%) | 24.91 |
| Date of notice | 21/11/2012 |
| Remarks : |
| Direct:- 1) Dato’ Kamarudin Bin Meranun – 2,292,900 Indirect:- 1) Tune Air Sdn Bhd – 210,358,930 2) ECML Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (001) – 89,649,452 3) HSBC Nominees (Tempatan) Sdn Bhd - Credit Suisse HK for Tune Air Sdn Bhd - 188,000,000 4) Maybank Nominees (Tempatan) Sdn Bhd - Kuwait Finance House (Malaysia) Berhad for Tune Air Sdn Bhd (Tony Fernandes) - 35,100,000 5) Citigroup Nominees (Tempatan) Sdn Bhd – Pledged Securities Account – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CB SG)– 31,500,000 6) Citigroup Nominees (Tempatan) Sdn Bhd – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CBSG)– 18,000,000 7) Cimsec Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (EDG&GCM) - 68,000,000 8) Tune Group Sdn Bhd - 51,800,000 The 3,700,000 acquired shares is equivalent to 0.13% of all issued securities of AirAsia Berhad. This announcement is made pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and based on the information in the Notice of Disclosure pursuant to Section 135(1)(a) and (b) of the Companies Act, 1965 of Dato' Kamarudin Bin Meranun received by the registered office of AirAsia Berhad on 21 November 2012. |
AIRASIA - Changes in Sub. S-hldr's Int. (29B) - Dato' Kamarudin Bin Meranun
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 21 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CM-121121-7B717 |
Particulars of substantial Securities Holder
| Name | Dato' Kamarudin Bin Meranun |
| Address | 27 Jalan Setiabakti 6 Bukit Damansara 50490 Kuala Lumpur Wilayah Persekutuan |
| NRIC/Passport No/Company No. | 610608-10-6443 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Direct:- 1) Dato’ Kamarudin Bin Meranun – 2,292,900 Indirect:- 1) Tune Air Sdn Bhd – 210,358,930 2) ECML Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (001) – 89,649,452 3) HSBC Nominees (Tempatan) Sdn Bhd - Credit Suisse HK for Tune Air Sdn Bhd - 188,000,000 4) Maybank Nominees (Tempatan) Sdn Bhd - Kuwait Finance House (Malaysia) Berhad for Tune Air Sdn Bhd (Tony Fernandes) - 35,100,000 5) Citigroup Nominees (Tempatan) Sdn Bhd – Pledged Securities Account – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CB SG)– 31,500,000 6) Citigroup Nominees (Tempatan) Sdn Bhd – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CBSG)– 18,000,000 7) Cimsec Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (EDG&GCM) - 68,000,000 8) Tune Group Sdn Bhd - 51,800,000 |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 21/11/2012 | 3,700,000 |
| Remarks : |
| This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder from Dato' Kamarudin Bin Meranun dated 21 November 2012 received by the registered office of AirAsia Berhad on 21 November 2012. |
AIRASIA - Changes in Director's Interest (S135) - Tan Sri Dr. Anthony Francis Fernandes
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 21 Nov 2012 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CM-121121-7B718 |
Information Compiled By KLSE
Particulars of Director
| Name | Tan Sri Dr. Anthony Francis Fernandes |
| Address | 37-2, Bangsar Heights Jalan Kaloi Off Jalan Kurau 59100 Kuala Lumpur Wilayah Persekutuan |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 3,700,000 | 2.850 |
| Circumstances by reason of which change has occurred | Acquisition of shares |
| Nature of interest | Direct and Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 3,227,010 |
| Direct (%) | 0.12 |
| Indirect/deemed interest (units) | 692,408,382 |
| Indirect/deemed interest (%) | 24.91 |
| Date of notice | 21/11/2012 |
| Remarks : |
| Direct:- 1) Tan Sri Dr. Anthony Francis Fernandes – 600,000 2) Cimsec Nominees (Tempatan) Sdn Bhd - CIMB Bank for Anthony Francis Fernandes (MY1029) - 2,627,010 Indirect:- 1) Tune Air Sdn Bhd – 210,358,930 2) ECML Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (001) – 89,649,452 3) HSBC Nominees (Tempatan) Sdn Bhd - Credit Suisse HK for Tune Air Sdn Bhd - 188,000,000 4) Maybank Nominees (Tempatan) Sdn Bhd - Kuwait Finance House (Malaysia) Berhad for Tune Air Sdn Bhd (Tony Fernandes) - 35,100,000 5) Citigroup Nominees (Tempatan) Sdn Bhd – Pledged Securities Account – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CB SG)– 31,500,000 6) Citigroup Nominees (Tempatan) Sdn Bhd – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CBSG)– 18,000,000 7) Cimsec Nominees (Tempatan) Sdn Bhd -Pledged Securities Account for Tune Air Sdn Bhd (EDG&GCM) - 68,000,000 8) Tune Group Sdn Bhd - 51,800,000 The 3,700,000 acquired shares is equivalent to 0.13% of all issued securities of AirAsia Berhad. This announcement is made pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and based on the information in the Notice of Disclosure pursuant to Section 135(1)(a) and (b) of the Companies Act, 1965 of Tan Sri Dr. Anthony Francis Fernandes received by the registered office of AirAsia Berhad on 21 November 2012. |
AIRASIA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 21 Nov 2012 |
| Category | General Announcement |
| Reference No | CM-121121-AF4DC |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||
| Description | AIRASIA BERHAD (“AIRASIA” OR “THE COMPANY”) NOTIFICATION PURSUANT TO PARAGRAPH 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“MMLR”) OF DEALINGS IN THE SECURITIES OF AIRASIA DURING CLOSED PERIOD | ||||||||||||
AirAsia had on 19 October 2012 announced the receipt of a notification from Dato’ Kamarudin Bin Meranun ("Dato’ Kamarudin"), Non-Independent Non-Executive Director of AirAsia, pursuant to Paragraph 14.08(a) of the MMLR of his intention to deal in the shares of AirAsia during closed period. Further to the aforesaid announcement, AirAsia had on 21 November 2012 received a notification from Dato' Kamarudin pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company on 21 November 2012 as stated below:- (a) An acquisition of 3,700,000 Ordinary Shares of RM0.10 each, equivalent to 0.13% of all issued securities of AirAsia, by Tune Group Sdn Bhd (“TGSB”), which Dato’ Kamarudin has deemed interest by virtue of Section 6A of the Companies Act, 1965 through a shareholding of more than 15% in TGSB (“Acquisition”). Upon completion of the aforesaid Acquisition, the balance of number of shares held by Dato’ Kamarudin is as follows:-
* inclusive of shares held by ECML Nominees (Tempatan) Sdn. Bhd., Cimsec Nominees (Tempatan) Sdn. Bhd., Maybank Nominees (Tempatan) Sdn. Bhd., HSBC Nominees (Tempatan) Sdn. Bhd. and Citigroup Nominees (Tempatan) Sdn. Bhd. for TASB. This announcement is dated 21st November 2012. � � � � � | |||||||||||||
AIRASIA - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dr. Anthony Francis Fernandes
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 21 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CM-121121-7B719 |
Particulars of substantial Securities Holder
| Name | Tan Sri Dr. Anthony Francis Fernandes |
| Address | 37-2, Bangsar Heights Jalan Kaloi Off Jalan Kurau 59100 Kuala Lumpur Wilayah Persekutuan |
| NRIC/Passport No/Company No. | 640430-10-7525 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Direct:- 1) Tan Sri Dr. Anthony Francis Fernandes – 600,000 2) Cimsec Nominees (Tempatan) Sdn Bhd - CIMB Bank for Anthony Francis Fernandes (MY1029) - 2,627,010 Indirect:- 1) Tune Air Sdn Bhd – 210,358,930 2) ECML Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (001) – 89,649,452 3) HSBC Nominees (Tempatan) Sdn Bhd - Credit Suisse HK for Tune Air Sdn Bhd - 188,000,000 4) Maybank Nominees (Tempatan) Sdn Bhd - Kuwait Finance House (Malaysia) Berhad for Tune Air Sdn Bhd (Tony Fernandes) - 35,100,000 5) Citigroup Nominees (Tempatan) Sdn Bhd – Pledged Securities Account – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CB SG)– 31,500,000 6) Citigroup Nominees (Tempatan) Sdn Bhd – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CBSG)– 18,000,000 7) Cimsec Nominees (Tempatan) Sdn Bhd -Pledged Securities Account for Tune Air Sdn Bhd (EDG&GCM) - 68,000,000 8) Tune Group Sdn Bhd - 51,800,000 |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 21/11/2012 | 3,700,000 |
| Remarks : |
| This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder from Tan Sri Dr. Anthony Francis Fernandes dated 21 November 2012 received by the registered office of AirAsia Berhad on 21 November 2012. |
AIRASIA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 21 Nov 2012 |
| Category | General Announcement |
| Reference No | CM-121121-AF4EB |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||
| Description | AIRASIA BERHAD (“AIRASIA” OR “THE COMPANY”) NOTIFICATION PURSUANT TO PARAGRAPH 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“MMLR”) OF DEALINGS IN THE SECURITIES OF AIRASIA DURING CLOSED PERIOD | ||||||||||||
AirAsia had on 19 October 2012 announced the receipt of a notification from Tan Sri Dr. Anthony Francis Fernandes ("Tan Sri Dr. Tony Fernandes"), Non-Independent Non-Executive Director of AirAsia, pursuant to Paragraph 14.08(a) of the MMLR of his intention to deal in the shares of AirAsia during closed period. Further to the aforesaid announcement, AirAsia had on 21 November 2012 received a notification from Tan Sri Dr. Tony Fernandes pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company on 21 November 2012 as stated below:- (a) An acquisition of 3,700,000 Ordinary Shares of RM0.10 each, equivalent to 0.13% of all issued securities of AirAsia, by Tune Group Sdn Bhd (“TGSB”), which Tan Sri Dr. Tony Fernandes has deemed interest by virtue of Section 6A of the Companies Act, 1965 through a shareholding of more than 15% in TGSB (“Acquisition”). Upon completion of the aforesaid Acquisition, the balance of number of shares held by Tan Sri Dr. Tony Fernandes is as follows:- Type of shareholding � � Number of Ordinary Shares of RM0.10 each in the Company % of the Company's issued capital Direct � 3,227,010 � 0.12 � Indirect interest Tune Air Sdn. Bhd. (“TASB”)* Tune Group Sdn. Bhd. � � � 640,608,382 51,800,000 � � � � 23.04 � � � Total 695,635,392 25.02 * inclusive of shares held by ECML Nominees (Tempatan) Sdn. Bhd., Cimsec Nominees (Tempatan) Sdn. Bhd., Maybank Nominees (Tempatan) Sdn. Bhd., HSBC Nominees (Tempatan) Sdn. Bhd. and Citigroup Nominees (Tempatan) Sdn. Bhd. for TASB. This announcement is dated 21st November 2012. � � � � | |||||||||||||
PENERGY - Quarterly rpt on consolidated results for the financial period ended 30/9/2012
| Company Name | PETRA ENERGY BERHAD |
| Stock Name | PENERGY |
| Date Announced | 21 Nov 2012 |
| Category | Financial Results |
| Reference No | CS-121121-AED8D |
| Financial Year End | 31/12/2012 |
| Quarter | 3 |
| Quarterly report for the financial period ended | 30/09/2012 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/09/2012 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 159,846 | 158,591 | 463,659 | 432,695 |
| 2 | Profit/(loss) before tax | 3,712 | -17,922 | 26,407 | 1,400 |
| 3 | Profit/(loss) for the period | 5,159 | -14,441 | 21,265 | -1,035 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 5,097 | -14,444 | 21,354 | -852 |
| 5 | Basic earnings/(loss) per share (Subunit) | 2.38 | -7.41 | 9.96 | -0.44 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.6800 | 1.5900 | ||
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
PERWAJA - Change in Boardroom
| Company Name | PERWAJA HOLDINGS BERHAD |
| Stock Name | PERWAJA |
| Date Announced | 21 Nov 2012 |
| Category | Change in Boardroom |
| Reference No | PH-121121-53799 |
| Date of change | 21/11/2012 |
| Name | Ravi Manchanda |
| Age | 53 |
| Nationality | Singaporean |
| Type of change | Appointment |
| Designation | Alternate Director |
| Directorate | Non Independent & Non Executive |
| Qualifications | Ravi Manchanda received his tertiary education at Dundee University, Scotland where he studied Bachelor of Arts in Degree Accountancy and Operational Research. He qualified as a Chartered Accountant with the Institute of Chartered Accountants of Scotland in 1985. |
| Working experience and occupation | Ravi Manchanda is currently the Group Chief Executive Officer of Maju Holdings Sdn Bhd and all its subsidiaries. Prior to joining Maju Group, Ravi was the Managing Director of Wholesale Banking, Origination Client Coverage, Standard Chartered Bank (SCB) and also the Chairman of SCB's Seeing is Believing corporate social responsibility effort for Singapore. In August 2006, he was appointed as the Director of Head Corporate Banking Coverage at Deutsche Bank Singapore. Prior to that, he was the Managing Director of The 1 Group plc. specializing in corporate finance, capital markets, trade finance, factoring, credit insurance and private equity. He launched the first Vedic Astrological mobile platform in India and floated the first Singapore company on AIM, UK. His experience also includes being the Chief Executive and Chief Operations Officer at a commodities Trading House in London, 5 years as Chief Executive Officer and Director of International Operations at BY Design Group, New York and 9 years at KPMG Peat Marwick, where he rose from an Audit Trainee rising to Senior Manager. He is a Trustee and Proborno Advisor to two Educational Schools in Zambia and Leicester and is Vice Chair of the Singapore Business Federation. He loves reading and likes interacting with people in general. He also likes to converse in Mandarin and wants to improve his conversational Malay. |
| Directorship of public companies (if any) | Kinsteel Bhd - Alternate Director to Amro F F A H Alkhadra |
| 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 : |
| Ravi Manchanda is appointed as Alternate Director to Amro F F A H Alkhadra. |
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