[STRAITS] Executive Director REDESIGNATION - DATO' SRI HO KAM CHOY on 12-Jan-2017

Stock
[STRAITS] : STRAITS ENERGY RESOURCES BERHAD
Announcement Date
12-Jan-2017
Board Member Information:
Date of Change
12-Jan-2017
Type of Change
REDESIGNATION
Previous Position
Non-Independent Director
New Position
Executive Director
Designation
Executive Director
Directorate
Executive
Name
DATO' SRI HO KAM CHOY
Age
54
Gender
Male
Nationality
Malaysia
Qualification
G.C.E. 'A' Level, Christ Church Secondary School, Singapore in 1983
Working Experience
Dato' Sri Ho Kam Choy has vast experience in the commercial management of vessels in the shipping industry. He is also a director for RH Pacific Shipping Agencies Ltd. Hong Kong since 1991, a Company involved in shipping and transportation of bulk/bagged cargo and shipping.
Family Relationship
MR HO HUNG MING, THE ALTERNATE DIRECTOR TO TAN SRI MOHD BAKRI BIN MOHD ZININ IS HIS SON
Conflict of Interest
Dato' Sri Ho Kam Choy is a Director of TMD Bunker Labuan Sdn Bhd ("TMD Labuan") , a 50% subsidiary of Tumpuan Megah Development Sdn Bhd ("TMD") . TMD had on 29 December 2015, entered into a Collaboration Agreement with Selatan Bunker (M) Sdn Bhd , a 51% subsidiary of Raya International Berhad.

On 14th November 2016, Raya International Berhad had also entered into a Memorandum of Agreement with Sturgeon Asia Ltd and Straits Holdings Ltd respectively in which Dato' Sri Ho Kam Choy is also a director and shareholder.
Interest
Dato' Sri Ho Kam Choy is a shareholder of Raya International Berhad holding 8,023,300 shares equivalent to 4.89%
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