News

Internal Re-Organisation Of The Board Composition In Line With The Practices In The Malaysian Code On Corporate Governance As At 28 April 2021 ("MCCG 2021")

Back29 Feb 2024

 

Type Announcement
Subject OTHERS
Description Internal re-organisation of the Board Composition in line with the practices in the Malaysian Code on Corporate Governance as at 28 April 2021 ("MCCG 2021")

The Board of Directors ("BOD") of QL Resources Berhad ("QLRB") wishes to announce that the existing Board composition will be re-organised in the following manner in respect of the practices governing Board Responsibilities, Board Composition and Strengthening Composition under the MCCG 2021:-

No.

Name

Existing position

New Position

Nature of Change

1.

Chia Song Kooi

Group Managing Director

Group Chief Executive Officer

Re-designation

2.

Chia Seong Fatt

Alternate Director to Chia Seong Pow

Executive Director

Resignation and appointment

3.

Chia Seong Pow

Executive Director

Alternate Director to Chia Seong Fatt

Resignation and appointment

4.

Chia Song Swa

Executive Director

Alternate Director to Cheah Juw Teck

Resignation and appointment

5.

Chia Mak Hooi

Alternate Director to Chia Song Swa

Alternate Director to Chia Lik Khai

Resignation and appointment

The abovementioned re-organisation will take effect on 1 March 2024. The board composition after the said re-organisation will be as follows whereby the Independent Non-Executive Directors represents about 54.55% and the women directors represent about 36.36% of the total BOD members (excluding Alternate Directors):-

No.

Directorate

Number of Director

Total

Male

Female

1.

Independent Non-Executive Director

2

4

6

2.

Executive Director

5

-

5

 

Total

7

4

11

This announcement is dated 29 February 2024.

Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 29 Feb 2024
Category General Announcement for PLC
Reference Number GA1-05022024-00025