IBHD

0.235

+0.005 (+2.2%)

Change in Boardroom

I-BERHAD

Date of change 01 Jan 2020
Name TAN SRI LIM KIM HONG
Age 69
Gender Male
Nationality Malaysia
Type of change Redesignation
Previous Position Executive Chairman
New Position Non Executive Chairman
Directorate Non Independent and Non Executive

Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information

Working experience and occupation
Tan Sri Lim Kim Hong was appointed to the Board of I-Berhad on 15 July 1999. He is currently the Group Executive Chairman responsible for setting the policies and direction of the entire Group. He has vast experience in business, marketing and corporate matters as well as has a keen sense of business acumen.

Tan Sri Lim was responsible for the successful listing of Sumurwang Sdn Bhd's (Sumurwang) manufacturing arm, Dreamland Holdings Berhad on The Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securities Berhad) in 1987 while he was the Chief Executive Officer of Dreamland Holdings Berhad. 

In 1991, he diversified Dreamland Holdings Berhad into the steel industry and subsequently changed its name to Kanzen Berhad (Kanzen). In late 1993, he divested Sumurwang's interest in Kanzen to reorganise Sumurwang's corporate structure to focus on three business areas  property development, manufacturing and financial services. In 1999, Tan Sri Lim acquired I-Berhad through Sumurwang and steered the Group into property development and ICT-solutions businesses  and is very much credited for the vision that is the i-City  of today, a smart integrated development with MSC Malaysia Cybercentre Status.
Family relationship with any director and/or major shareholder of the listed issuer
Tan Sri Lim Kim Hong is the spouse of Puan Sri Tey Siew Thuan.
Any conflict of interests that he/she has with the listed issuer
NIL
Details of any interest in the securities of the listed issuer or its subsidiaries
1. Ordinary Shares of I-Berhad
    Direct -   2,470,500  
    Indirect - 688,320,884

2. Redeemable Cumulative Convertible Preference Shares ("RCCPS") of I-Berhad
    Direct -   1,974,500   
    Indirect - 549,496,800

 3. Redeemable Convertible Unsecured Loan Stocks ("RCULS") of I-Berhad
     (i)  RCULS -A        
          Indirect - 264,000,000

    (ii)  RCULS -B           
          Indirect - 138,000,000



Remarks :
This announcement is dated 2 January 2020.


Announcement Info

Company Name I-BERHAD
Stock Name IBHD
Date Announced 02 Jan 2020
Category Change in Boardroom
Reference Number C03-02012020-00003