[STRAITS] Managing Director REDESIGNATION - DEEPAK JAIKISHAN A/L JAIKISHAN REWACHAND on 11-Oct-2013

Announcement Date
11-Oct-2013
Board Member Information:
Date of Change
02-Oct-2013
Type of Change
REDESIGNATION
Previous Position
Director
New Position
Managing Director
Designation
Managing Director
Directorate
Executive
Age
41
Nationality
Malaysian
Qualification
Businessman
Working Experience
Mr. Deepak Jaikishan A/L Jaikishan Rewachand is from a family pioneering in the Property Development, Investment and Carpet Manufacturing with fifteen (15) years experience in the industry.

He has initiated the marketing and distribution operations in 1997.With his leadership, both Carpet Raya Sdn. Bhd. and Tek Holding Sdn. Bhd., have been contributing a billion ringgit revenue todate.

Through his vision and foresight of the carpet industry in Malaysia, Mr. Deepak initiated and successfully acquired the largest carpet manufacturing plant in Malaysia known as Nobel Carpet Sdn. Bhd. in the year 2000 whereby this manufacturing unit is the only carpet manufacturer that extruded its own carpet yarn. In addition in the year 2003, Mr. Deepak embarked on the biggest manufacturing plant (Premier Weavers) with the latest weaving technology in Malaysia.

From years 2000 to 2009, Mr. Deepak had completed a few property investment projects, totalling about RM3 billion.
Directorship of Public Companies
N/A
Family Relationship
N/A
Conflict of Interest
N/A
Interest
a) Direct interest : 26,867,100 ordinary shares of RM0.10 each

(b) Indirect interest: 530,000 ordinary shares of RM0.10 each

(i) Jaikishan Rewachand - 380,000 shares
(ii) Renu Jaikishan - 150,000 shares

Deemed interest by virtue of his father, Jaikishan Rewachand (380,000 ordinary shares of RM0.10 each) and his sister, Renu Jaikishan (150,000 ordinary shares of RM0.10 each)
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