Announcement Details/Table Section
:
The Board of Directors ("Board") of
Frontken Corporation Berhad ("FCB"
or "Company") wishes to announce
the following:
(a) Mr Ng Wai Pin has been re-designated from
Senior Independent Non-Executive Director to
the Chairman and Managing Director of the
Company with effect from 19 January 2012, in
place of Mr Wong Hua Choon, who resigned as
the Executive Chairman and Managing Director
on 18 January 2012;
(b) Upon his resignation as the Executive
Chairman and Managing Director of the
Company, Mr Wong has also stepped down as a
member of the Remuneration Committee;
(c) Mr Ng has relinquished his positions as
the Chairman of the Audit and Nomination
Committees following his re-designation as
the Chairman and Managing Director. The
Chairmanship of the Audit and Nomination
Committees is assumed by Dato' Haji Johar
Bin Murat @ Murad with effect from 19 January
2012; and
(d) Dato' Sri Ibrahim Bin Mahmud is
appointed as a member of the Audit,
Nomination and Remuneration Committees on 19
January 2012.
As a result of the above, the Board of FCB
has approved the composition of the
Committees as follows:
Audit Committee
Dato' Haji Johar Bin Murat @ Murad
(Independent Non-Executive Director) -
Chairman
Aaron Sim Kwee Lein (Independent
Non-Executive Director) - Member
Dato' Sri Ibrahim Bin Mahmud
(Non-Independent Non-Executive Director) -
Member
Nomination Committee
Dato' Haji Johar Bin Murat @ Murad
(Independent Non-Executive Director) -
Chairman
Aaron Sim Kwee Lein (Independent
Non-Executive Director) - Member
Dato' Sri Ibrahim Bin Mahmud
(Non-Independent Non-Executive Director) -
Member
Remuneration Committee
Ng Wai Pin (Chairman & Managing Director) -
Chairman
Dato' Haji Johar Bin Murat @ Murad
(Independent Non-Executive Director) -
Member
Dato' Sri Ibrahim Bin Mahmud
(Non-Independent Non-Executive Director) -
Member
The Board of FCB wishes to thank Mr Wong Hua
Choon for his past contributions and extend
its best wishes to him for the future.
This announcement is dated 19 January 2012.