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Change in Audit Committee


Date of change

Type of changeAppointment
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
NameChoy Kok Onn
QualificationsMr Choy Kok Onn is a qualified engineer with a Bachelor of Engineering (Mechanical) from Australia.
Working experience and occupation Mr Choy Kok Onn was one of the original founders and promoters of Transwater Corporation Berhad ("Transwater"), an engineering specialist company having strong in-house technical and diversified engineering capabilities in the oil and gas, hydrocarbon, chemical/petrochemical as well as oleochemical industries (including palm oil related plants), water & wastewater treatment and boasting collaboration with some of the world's leading equipment and systems manufacturers. He is credited with having spearheaded Transwater group of companies to its peak in late 1990s/2000, resulting in its eventual listing on Bursa Malaysia Securities Berhad. He left Transwater in 2001 to pursue his interest overseas.

Besides, Mr Choy Kok Onn formed Asia Bioenergy Research Sdn. Bhd., a wholly-owned subsidiary of the Company in 2006. He is generally responsible for the overall strategic direction of the Company as well as the incubation of its investments specifically in the Biofuels sectors.
Directorship of public companies (if any)Nil
Family relationship with any director and/or major shareholder of the listed issuerMr Choy Kok Onn is the uncle of Mr Looi Kem Loong, the Director and a major shareholder of the Company.
Details of any interest in the securities of the listed issuer or its subsidiariesIndirect interest of 84,395,683 ordinary shares of RM0.10 each in the capital of the Company, via his interest in AC Holdings Sdn. Bhd.
Composition of Audit Committee (Name and Directorate of members after change)1. Lee Chong Hoe (Chairman) - Independent Non-Executive Director
2. Lim Kim Chu (Member) - Independent Non-Executive Director
3. Choy Kok Onn (Member) -Non-Independent Non-Executive Director

Announcement Info

Stock Name ASIABIO    
Date Announced30 Jul 2009  
CategoryChange in Audit Committee
Reference NoCM-090729-70492