Change in Audit Committee

M3 TECHNOLOGIES (ASIA) BERHAD

Date of change

10/10/2011
Type of changeResignation
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
NameLIM KEONG YEW
Age33
NationalityMALAYSIAN
QualificationsQueen Mary and Westfield College, University of London - Bachelor of Science Degree in Computer Science
City University - Business Computing Systems
Working experience and occupation Mr. Lim began his career with Glaxo Wellcome at the London Headquarters as a Project Manager, supporting drug discovery through computer technology. In 2000, Mr. Lim was invited aboard VXL Holdings, a boutique investment firm in Malaysia. He began his exposure to North Asia when he lived and worked in China. Over this 3-years period, VXL successfully invested and restructured companies in Malaysia, Beijing, Shanghai and Hong Kong. Major clients and partners include Dataprep Holdings Bhd., the Shanghai Municipal Council’s technology investment company; the State Administration of Radio, Film and Television (SARFT) of China; China Railcom; China Netcom; China Unicom.

He currently heads the Slingshot Group of Companies based in Hong Kong, with a focus on value and growth companies and holding strategic investments around the world.
Directorship of public companies (if any)NIL
Family relationship with any director and/or major shareholder of the listed issuerNIL
Any conflict of interests that he/she has with the listed issuerNIL
Details of any interest in the securities of the listed issuer or its subsidiariesIndirect Interest through Exodius Holdings Sdn. Bhd. - 11,120,000 ordinary shares of RM0.10 each
Composition of Audit Committee (Name and Directorate of members after change)Lim Kooi Siang (Independent Non-Executive Director, Chairman)
Mohamad Najeb bin Ali (Independent Non-Executive Director, Member)

Remarks :
The vacancy in the Audit Committee resulting from the resignation of Mr. Lim Keong Yew will be filled within three (3) months to comply with Rule 15.09(1) of the ACE LR.


Announcement Info

Company NameM3 TECHNOLOGIES (ASIA) BERHAD (ACE Market) 
Stock Name M3TECH    
Date Announced10 Oct 2011  
CategoryChange in Audit Committee
Reference NoCM-111010-52392