[TIENWAH] Non Executive Chairman REDESIGNATION - MR YEN WEN HWA (NGAN TZEE MANH) on 30-Dec-2020

Stock
[TIENWAH] : TIEN WAH PRESS HOLDINGS BHD
Announcement Date
30-Dec-2020
Board Member Information:
Date of Change
01-Jan-2021
Type of Change
REDESIGNATION
Previous Position
Executive Chairman
New Position
Non Executive Chairman
Designation
Non Executive Chairman
Directorate
Non Independent and Non Executive
Name
MR YEN WEN HWA (NGAN TZEE MANH)
Age
72
Gender
Male
Nationality
Singapore
Working Experience
Mr Yen Wen Hwa ("Mr Yen") is the founder of the New Toyo International Holdings Ltd ("NTIH") Group and had served as the Managing Director and Chairman of the Board of NTIH until 30 September 2011. He was then re-appointed as a Director and Non-Executive Chairman of NTIH on 1 September 2016. On 1 November 2020, he re-designated his position from Non-Executive Chairman to Executive Chairman of NTIH.

He also served as a Non-Independent Non-Executive Director of Shanghai Asia Holdings Ltd. from 10 February 2004 up to 1 May 2012. 

Mr Yen was responsible for the overall business strategy and development of the NTIH Group. Mr Yen has over 40 years of experience in the paper conversion and packaging industry.
Family Relationship
None
Conflict of Interest
Deemed interested by virtue of his shareholdings in Yen & Son Holdings Pte Ltd and NTIH pursuant to Section 8(4) of the Companies Act 2016. Yen & Son Holdings Pte Ltd is a major shareholder of Tien Wah Press Holdings Berhad ("TWPH") and NTIH is the ultimate holding company of TWPH.
Interest
Deemed interested in TWPH - 79,084,200 (%: 54.64) Ordinary Shares.
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