News

Internal re-organisation of the Board Composition in line with the practices in the Malaysian Code of Corporate Governance 2017 ("MCCG 2017")

Back28 Feb 2019
Type Announcement
Subject OTHERS
Description

Internal re-organisation of the Board Composition in line with the practices in the Malaysian Code of Corporate Governance 2017 ("MCCG 2017")

The Board of Directors ("BOD") of QL Resources Berhad ("QLR") 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 MCCG2017:-

 

No. 

Name

 Existing Position

New Position 

Nature of Change 

1.

Chia Seong Pow

Alternate Director to Chia Seong Fatt

Executive Director

Resignation and appointment

2.

Chia Song Swa

Alternate Director to Chia Mak Hooi

Executive Director

Resignation and appointment

3.

Chia Lik Khai

Alternate Director to Cheah Juw Teck

Executive Director

Resignation and appointment
4. Chia Seong Fatt Executive Director Alternate Director to Chia Seong Pow Resignation and appointment

5.

Chia Mak Hooi

Executive Director

 Alternate Director to Chia Song Swa

Resignation and appointment

6.

 Cheah Juw Teck

Executive Director

Alternate Director to Chia Lik Khai

Resignation and appointment

 

The abovementioned re-organisation will take effect on 1 April 2019. The board composition after the said re-organisation will be as follows whereby the Independent Non-Executive Directors represents about 54.5% and the women directors represent about 36.4% of the total BOD members.:-

 

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 28 February 2019.





Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 28 Feb 2019
Category General Announcement for PLC
Reference Number GA1-30012019-00141