Change in Boardroom
| CHEMICAL COMPANY OF MALAYSIA BERHAD |
| Date of change | 11 Oct 2019 |
| Name | ENCIKÂ KHALID BIN SUFAT |
| Age | 63 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Independent Director |
| Directorate | Independent and Non Executive |
| Type of change | Resignation |
| Reason | The Company has adopted Step Up 4.3 of the Malaysian Code on Corporate Governance to be applicable to all its directors, be it independent or non independent. Encik Khalid bin Sufat has reached 9 years of service on 11 October 2019 and hence upon completion of his 9 years tenure, has resigned from the Board of the Company. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of shareholders | No |
Qualifications
| No | Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
|
Professional Qualification
|
Accounting |
Association of Chartered Certified Accountants, UK |
Fellow |
|
|
Professional Qualification
|
Accounting |
Malaysian Institute of Certified Public Accountants |
Member |
| Working experience and occupation | Encik Khalid bin Sufat, an accountant by profession, has vast experience in the banking industry having held several senior positions namely General Manager, Malayan Banking Berhad (Maybank) in 1994, Executive Director of United Merchant Finance Berhad from 1995 to 1998 and Managing Director of Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat) from 1998 to 2000. After his exposure in the banking industry, he went to manage several listed companies namely Executive Director of Tronoh Mines Malaysia Berhad from January 2002 to February 2003, Deputy Executive Chairman of Furqan Business Organisation Berhad from February 2003 to December 2003 and Group Managing Director of Seacera Tiles Berhad from August 2006 to November 2007. |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
| Remarks : |
Encik Khalid bin Sufat also relinquished his positions as the Senior Independent Non-Executive Director, Chairman of the Audit and Compliance Committee and Chairman of the Nomination and Remuneration Committee following his resignation from the Board. Concurrently, Dato' Wan Mohd Fadzmi bin Che Wan Othman Fadzilah has been appointed the new Senior Independent Non Executive Director of the Company while the Chairmanship of the Audit and Compliance Committee and Nomination and Remuneration Committee have been assumed by Encik Hasman Yusri bin Yusoff and Dato' Wan Mohd Fadzmi bin Che Wan Othman Fadzilah, respectively. |
Announcement Info
| Company Name | CHEMICAL COMPANY OF MALAYSIA BERHAD |
| Stock Name | CCM |
| Date Announced | 11 Oct 2019 |
| Category | Change in Boardroom |
| Reference Number | C03-03102019-00001 |