Change in Boardroom
| SCIENTEX PACKAGING (AYER KEROH) BERHAD |
| Date of change | 01 Jul 2022 |
| Name | MR CHAM CHEAN FONG @ SIAN CHEAN FONG |
| Age | 54 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Independent Director |
| Directorate | Independent and Non Executive |
| Type of change | Appointment |
Qualifications
| No | Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
|
Professional Qualification
|
Certificate in Legal Practice |
- |
|
|
|
Degree
|
LLB (Honours) |
Bristol Polytechnic, UK |
|
| Working experience and occupation | Mr. Cham has 26 years of legal practice and 16 years of board-relevant experience in manufacturing and property development industries. He is active in legal practice and has a portfolio of clients from a wide array of industries including property development, agricultural plantation, financial institutions, manufacturing etc. He is well-versed in law and developed skills in law practice management, financial literacy, entrepreneurship, marketing, communication etc. along his career. Mr. Cham read in the Chambers of Messrs Dass, Jainab & Associates from September 1994 and was called to the Malaysian Bar in September 1995. He started practice as a legal assistant with Messrs Jahara, Radzi & May Chan (now known as Messrs Jahara, Radzi & Partners) and has been practising as a partner with the same firm since January 1997. His area of specialisation covers conveyancing, civil litigation, estate and family matters, banking and corporate matters. He also has vast experience in corporate actions including mergers and acquisitions, privatisation, reorganisation, shares split and bonus issues etc. He was appointed as an Independent Non-Executive Director of Scientex Berhad in May 2001 and was also a member of the Audit Committee and Nomination and Remuneration Committee until his resignation in March 2018. He witnessed corporate governance reforms in accordance with the Malaysian Code on Corporate Governance and has relevant exposure to corporate governance best practices in the industry. Mr. Cham provided valuable insights/advice on legal, compliance, governance and contributed to the exponential growth of Scientex Berhad during his tenure as Director. |
| Directorships in public companies and listed issuers (if any) | NIL |
| Family relationship with any director and/or major shareholder of the listed issuer | NIL |
| 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 | NIL |
| Remarks : |
In view of the resignation of Mr. Faris Salim Cassim as an independent director of the Company, the Nomination and Remuneration Committee had sought for candidates to replace Mr. Faris Salim Cassim as an independent director, and would be able to provide constructive insights and add value to the Company. In identifying the suitable candidate to replace Mr. Faris Salim Cassim as an Independent Non-Executive Director ("INED") of the Company, the Board had taken into account the candidates' skills, experiences, independence, integrity and time commitment to meet the needs of the Group.
Through the Board's assessment, the Board has identified Mr. Cham as a suitable candidate and resolved to appoint him as an INED of the Company.
Mr. Cham has extensive experience in the legal field and more than 15 years of board-relevant experience in manufacturing and property development industries. Further details are set out under the "working experience and occupation" section above.
The Nomination and Remuneration Committee and the Board acknowledge that Mr. Cham had served as an INED of Scientex Berhad for more than 12 years until March 2018. After he observed a cooling-off period of more than 3 years and having considered the independence criteria pursuant to the Main Market Listing Requirements, the Board is satisfied that Mr. Cham will be able to exercise independent judgment in discharging his responsibility as an INED.
The Board believes that his appointment as INED will bring valuable knowledge, business experience and professionalism to the Board. |
Announcement Info
| Company Name | SCIENTEX PACKAGING (AYER KEROH) BERHAD |
| Stock Name | SCIPACK |
| Date Announced | 01 Jul 2022 |
| Category | Change in Boardroom |
| Reference Number | C03-01072022-00016 |