Change In Boardroom
BackJun 27, 2012
| Date of change | 30/06/2012 |
| Name | Tan Eng Soon |
| Age | 63 |
| Nationality | Singaporean/Malaysian PR |
| Designation | Managing Director |
| Directorate | Executive |
| Type of change | Resignation |
| Reason | Mr Tan Eng Soon was appointed to the Board of Tan Chong Motor Holdings Berhad ("TCMH") as the Group Managing Director since 1 February 1989. After serving the TCMH Group for 23 years, Mr Tan has notified the Board that it is time for him to move on and he would like to step down as the Group Managing Director and Director of TCMH upon the expiry of his Employment Contract with TCMH on 30 June 2012. |
| 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 the shareholders | No |
| Qualifications | Mr Tan has a degree in Civil Engineering from the University of New South Wales, Australia. |
| Working experience and occupation | Mr Tan has been involved in the Tan Chong Group's operations since 1971. He is the Chairman of Tan Chong International Limited. |
| Directorship of public companies (if any) | Director of APM Automotive Holdings Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Mr Tan is the brother of Dato' Tan Heng Chew, a director and major shareholder of TCMH. Mr Tan is a director and shareholder of Tan Chong Consolidated Sdn Bhd ("TCC"), a major shareholder of TCMH. |
| Any conflict of interests that he/she has with the listed issuer | Mr Tan has abstained from deliberating and voting in respect of transactions between TCMH Group and related parties involving himself. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Indirect interest = 315,633,990 shares (48.35%)# #Deemed interest by virtue of interests in TCC, Wealthmark Holdings Sdn Bhd and Lung Ma Investments Pte Ltd pursuant to Section 6A of the Companies Act 1965. 49,447,450 shares are as to voting rights only. |
| Remarks : |
| Effective 1 July 2012, the role and responsibilities of the Group Managing Director of TCMH will be assumed by Dato' Tan Heng Chew, the Executive Deputy Chairman of TCMH. |
Announcement Info
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 27 Jun 2012 |
| Category | Change in Boardroom |
| Reference No | TC-120622-E34DC |