31-Jan-2011

REDESIGNATION

Executive Director

Non-Executive Director

Non-Executive Director

Non Independent & Non Executive

36

Malaysian

1) Members of Malaysian Institute of Accountants
2) Associate Member of Institute of Chartered Accountants in England & Wales
3) Bachelor of Arts in Accounting and Finance (University of Strathclyde)

Mr Looi completed his articleship with an internationally affiliated audit firm wherein he gained valuable financial experience especially in special corporate assignments and group consolidations. He joined the corporate finance department of AmMerchant Bank Berhad until he left as manager to join Newfields Advisors Sdn. Bhd. ("Newfields"), an investment advisory company as Vice President. Subsequently, he joined a corporate services company shortly after leaving Newfields before forming Asia Bioenergy Research Sdn. Bhd. in 2006.

He has extensive corporate finance experience covering activities such as initial public offerings, cross-border restructuring, debt restructuring and other corporate proposals for public listed companies.

Nil

Mr Looi is the nephew of Mr Choy Kok Onn, a former Director and a major shareholder of the Company.

Nil

Direct interest of 733 (negligible) ordinary shares of RM0.10 each and indirect interest of 10,627,083 ordinary shares of RM0.10 each in the capital of the Company, via his interest in Platimas Sdn. Bhd.