[FAVCO] Executive Director REDESIGNATION - MAC NGAN BOON @ MAC YIN BOON on 26-Aug-2013

Announcement Date
26-Aug-2013
Board Member Information:
Date of Change
26-Aug-2013
Type of Change
REDESIGNATION
Previous Position
Managing Director
New Position
Executive Director
Designation
Executive Director
Directorate
Executive
Age
69
Nationality
Malaysian
Qualification
Mac Ngan Boon @ Mac Yin Boon ("Mr Mac") obtained a Bachelor of Engineering (Civil) degree from the University of Western Australia in 1967.
Working Experience
Mr Mac was appointed as the Managing Director of Favelle Favco Berhad ("FFB") on 23 March 1993. Mr Mac is the co-founder of Muhibbah Engineering (M) Bhd ("MEB") and has been its Managing Director since its inception on 4 September 1972. He is a professional engineer and a member of the Institute of Engineers Malaysia. He has been the Chairman of the Machinery and Equipment Manufacturers Association of Malaysia ("MEMA") since 1998. Mr Mac had been playing the leading role in the business expansion and strategic growth of the FFB Group since its acquisition by MEB in 1995. He is also the representative of MEB on the Board of Directors of FFB.
Directorship of Public Companies
Muhibbah Engineering (M) Bhd
Family Relationship
Mr Mac, a Substantial Shareholder of FFB (indirectly via MEB) is the father of Mr Mac Chung Hui, the Managing Director of FFB.
Conflict of Interest
Nil
Interest
He holds 8,192,913 ordinary shares of RM0.50 each in FFB (direct interest) and 134,691,843 ordinary shares of RM0.50 each in FFB (indirect interest).
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