[STRAITS] Managing Director RESIGNATION - DEEPAK JAIKISHAN A/L JAIKISHAN REWACHAND on 28-Aug-2012

Announcement Date
28-Aug-2012
Board Member Information:
Date of Change
28-Aug-2012
Type of Change
RESIGNATION
Designation
Managing Director
Directorate
Executive
Age
40
Nationality
Malaysian
Qualification
Businessman
Working Experience
Mr Deepak Jaikishan A/L Jaikishan Rewachand is from a family pioneering in the Property Development and Investment and Carpet Manufacturing with fifteen (15) years of experience in the industry.

He has initiated the marketing and distribution operations in 1997 and 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 to 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 RM3 billion.
Directorship of Public Companies
Nil
Family Relationship
Nil
Conflict of Interest
Nil
Interest
Direct Interest - 16,170,300 ordinary shares of RM0.10 each
-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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