Change in Boardroom
| UMW HOLDINGS BERHAD |
| Date of change | 13 Dec 2023 |
| Name | ENCIKÂ SHAHIN FAROUQUE BIN JAMMAL AHMAD |
| Age | 50 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Director |
| Directorate | Non Independent and Non Executive |
| Type of change | Resignation |
| Reason | Completion of the proposed acquisition by Sime Darby Enterprise Sdn Bhd, an indirect wholly-owned subsidiary of Sime Darby Berhad, of 714,813,100 ordinary shares in UMW Holdings Berhad representing approximately 61.18% equity interest in UMW from Permodalan Nasional Berhad and AmanahRaya Trustees Berhad as trustee for the unit trust funds, as announced on 24 August 2023. |
| 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 |
|
Degree
|
Bachelor of Science in Economics (Accounting & Finance) |
London School of Economics and Political Science, University of London |
|
| Working experience and occupation | Shahin Farouque Jammal Ahmad is currently the Group Head, Strategic Investments of Permodalan Nasional Berhad (PNB). He has over 20 years of investment banking experience. Previously, he was an Executive Director in Investments Division of Khazanah Nasional Berhad (Khazanah). He sat on the boards of various creative and media companies within the Khazanah portfolio companies. Prior to joining Khazanah in 2016, he worked with various commercial and investment banks in both domestic and regional roles. |
| 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 Shahin Farouque Jammal Ahmad has also relinquished his position as the Chairman of Investment Committee, Member of Nomination & Remuneration Committee and Member of Employee Share Option Scheme Committee of UMW Holdings Berhad. |
Announcement Info
| Company Name | UMW HOLDINGS BERHAD |
| Stock Name | UMW |
| Date Announced | 13 Dec 2023 |
| Category | Change in Boardroom |
| Reference Number | C03-08122023-00014 |