General Announcement for PLC

01/08/2022

OTHERS AWANBIRU TECHNOLOGY BERHAD ("AWANTEC" OR "THE COMPANY") Formation of Board Oversight Committee to Oversee Day-to-Day Operations during Interim Period following the Resignation of the Chief Executive Officer of the Company

AWANBIRU TECHNOLOGY BERHAD

Type Announcement
Subject OTHERS
Description 
AWANBIRU TECHNOLOGY BERHAD ("AWANTEC" OR "THE COMPANY") Formation of Board Oversight Committee to Oversee Day-to-Day Operations during Interim Period following the Resignation of the Chief Executive Officer of the Company

The Board of Directors (“Board”) of AWANTEC has announced today that its Chief Executive Officer ("CEO") cum Non-Independent Executive Director, Encik Rezal Adzly bin Abdul Rahman (“Encik Rezal”) has resigned from the position with effect from 29 July 2022.

 

In the interim, the AWANTEC Board has formed a Board Oversight Committee (“BOC”) chaired by Mr. Ramanathan a/l Sathiamutty, the Independent Non-Executive Director of the Company, with Dr. Abu Hasan bin Ismail, the Non-Independent Non-Executive Director of the Company, as the other Member of the BOC.

 

The Board has entrusted the BOC to oversee and provide guidance to the management team of AWANTEC pending the appointment of a new CEO, and they will report regularly to the Board on its operations, financial performance and progress of key projects.

 

Please also refer to the press release on "AWANTEC BOD FORMS MANAGEMENT COMITTEEE" as attached.

 

This announcement is dated 1 August 2022.

 


Please refer attachment below.

Attachments

Awantec - Press release.pdf
115.7 kB


Announcement Info

Company Name AWANBIRU TECHNOLOGY BERHAD
Stock Name AWANTEC
Date Announced 01 Aug 2022
Category General Announcement for PLC
Reference Number GA1-29072022-00001


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