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Change In Boardroom

BackJul 16, 2007
Change in Boardroom
Reference No CM-070716-66363

Company Name
:
 FREIGHT MANAGEMENT HOLDINGS BERHAD 
Stock Name
:
 FREIGHT
Date Announced
:
 16/07/2007

Date of change
:
 16/07/2007
Type of change
:
 Cessation
Designation
:
 Alternate Director
Directorate
:
 Non Independent & Non Executive
Name
:
 Chua Tiong Hock
Age
:
 53
Nationality
:
 Singaporean
Qualifications
:
 Bachelor of Arts degree from the former University of Singapore, Graduate Diploma in Business Administration from National University of Singapore, Graduate Diploma in Personnel Management from Singapore Institute of Managament.
Working experience and occupation
:
Mr. Chua has in total 16 years of experience in Freight Links Group. He acted as an Executive Director for 9 years, 4 years as Chief Operating Officer and 1 year as Chief Corporate Development Officer. He is also a director of Australian-listed subsidiary Freight Links Express Holdings (Australia) Limited and a number of other subsidiaries of Freight Links Express Group. He has a wide-ranging experience in logistics, operations management and corporate development with various MNCs and home grown companies.
Directorship of public companies (if any)
:
Nil
Family relationship with any director and/or major shareholder of the listed issuer
:
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries
:
Nil

Remarks
Mr. Chua Tiong Hock was appointed as Alternate Director to Mr. Khua Kian Keong on 5 January 2007. From his appointment date up to the financial year end on 30 June 2007, there were 2 Board of Directors' Meetings being held and Mr. Chua had attended both the Meetings as Alternate Director to Mr. Khua. Since Mr. Khua was unable to attend at least 50% out of the 2 Board of Directors' Meetings which were held after his appointment date up to the financial year end on 30 June 2007, under the Company's Articles of Association and pursuant to paragraph 15.05(3)(c) and (4) of the Listing Requirements ("LR") of Bursa Malaysia Securities Berhad ("Bursa Securities"), Mr. Khua is deemed to have vacated office after the financial year end on 30 June 2007. Mr. Chua who acts as Alternate Director to Mr. Khua, shall also ceased to be a director following the vacation of director's office by Mr. Khua after the financial year end on 30 June 2007. The Company has immediately on 3 July 2007 made an application to Bursa Securities to seek for waiver under paragraph 15.05(3)(c) and (4) of LR. However, Bursa Securities has rejected the Company's application via its letter dated 13 July 2007 and Mr. Khua therefore has to vacate office as Company Director with immediate effect. Following the vacation of director's office by Mr. Khua, Mr. Chua also ceased to be an Alternate Director with immediate effect.