[OCR] Chairman RESIGNATION - DATO' TEE HOW CUT on 14-Dec-2010

Announcement Date
14-Dec-2010
Board Member Information:
Date of Change
14-Dec-2010
Type of Change
RESIGNATION
Designation
Chairman
Directorate
Executive
Age
73
Nationality
Malaysian
Qualification
Secondary School
Working Experience
He started his career as trader upon completing his secondary education in Malaysia. He was the founder of Takaso Resources Berhad Group of Companies and has over 40 years’ experience in manufacturing and trading rubber products. Apart from his involvement in the rubber industry, he is also involved in the manufacturing of toiletries via his equity interest in Chinparis Industries Sdn. Bhd.. He presently also sits on the Board of several private limited companies in Malaysia.
Directorship of Public Companies
Nil
Family Relationship
He is the spouse to Datin Teo Beng Ha, father to Mr. Tee Tze Chern, JP, Ms. Lily Tee and Ms. Tee Bee Leng as well as the father-in-law to Ms. Lim Kwee Hua. Datin teo Beng Ha, Mr. Tee Tze Chern, JP, Ms. Lily Tee, Ms. Tee Bee Leng and Ms. Lim Kwee Hua all are the substantial shareholders of the Company.
Conflict of Interest
Nil
Interest
He holds the following interests in the Company: -
i) Direct Shareholdings : 31 Ordinary Shares of RM1.00 each;
ii) Indirect Shareholdings : 7,820,050 shares are held through JF Apex Nominees (Tempatan) Sdn. Bhd. pledged securities account for Up & Famous Sdn. Bhd. by virtue of Section 6A of the Companies Act, 1965 and 144 shares are deemed interested by virtue of Section 134(12) of the Companies Act, 1965; and
iii) Indirect Warrantholdings : 63 warrants are deemed interested by virtue of Section 134(12) of the Companies Act, 1965.
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