News
Change In Boardroom - Datuk Wan Kassim Bin Ahmed
BackMay 30, 2023
| Date of change | 30 May 2023 |
| Name | DATUK WAN KASSIM BIN AHMED |
| Age | 74 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Director |
| Directorate | Independent and Non Executive |
| Type of change | Resignation |
| Reason |
In consideration of the Main Market Listing Requirements of Bursa Malaysia on tenure limit of 12 years for Independent Directors |
| 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
|
| Working experience and occupation | |
| Family relationship with any director and/or major shareholder of the listed issuer | |
| Any conflict of interests that he/she has with the listed issuer | |
| Details of any interest in the securities of the listed issuer or its subsidiaries |
| Remarks : |
|
Paragraph 15 of the Listing Requirements states that in the event of any vacancy in the Board of Directors and Audit Committee members, resulting in non-compliance, the Company must fill the vacancy within 3 months. With the concurrent resignation of the 3 Independent Directors and Audit Committee members of the Company, the Company is currently working to fill the vacancies to comply with the listing requirements. With the resignation, Datuk Wan Kassim bin Ahmed also stepped down as Chairman of FACB Industries Incorporated Berhad. |
Announcement Info
| Company Name | FACB INDUSTRIES INCORPORATED BERHAD |
| Stock Name | FACBIND |
| Date Announced | 30 May 2023 |
| Category | Change in Boardroom |
| Reference Number | C03-26052023-00014 |