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Change In Boardroom - Mr Lim Nyuk Foh
| Date of change | 31 Dec 2016 |
| Name | MR LIM NYUK FOH |
| Age | 52 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Director |
| Directorate | Non Independent and Non Executive |
| Type of change | Vacation Of Office |
| Reason |
Absent from more than 50% of the total Board of Directors' meetings held during the financial year ended 31 December 2016 |
| 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 |
Mr. Lim Nyuk Foh graduated wih a Degree in Finance major in Investment from University of Toledo, United States of America. |
| Working experience and occupation |
Mr. Lim Nyuk Foh founded Priceworth International Berhad (formerly known as Priceworth Wood Products Berhad) and group of companies (PIB Group) and was appointed to the Board of Directors of PIB on 2 November 2001. He ventured into the trading of timber for the domestic and foreign market in 1989. In 1990, he founded Priceworth Industries Sdn Bhd to undertake the sawmilling and timber extraction business. He has more than 24 years of extensive experience in the timber industry. He is also the Group Managing Director of Priceworth International Berhad and Bertam Alliance Berhad which is listed on Bursa Malaysia Securities Berhad. He is a substantial shareholder of SCIB. |
| 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 |
(a) Direct Interest in SCIB: 1,465,000 ordinary shares of RM1.00 each (1.991%) (b) Indirect Interest in SCIB: 3,646,385 ordinary shares of RM1.00 each (4.956%) |
Announcement Info
| Company Name | SARAWAK CONSOLIDATED INDUSTRIES BERHAD |
| Stock Name | SCIB |
| Date Announced | 30 Dec 2016 |
| Category | Change in Boardroom |
| Reference Number | C03-22122016-00002 |
