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Change in Audit Committee

ASIA BIOENERGY TECHNOLOGIES BERHAD

Admission Sponsor

Kenanga Investment Bank Bhd
SponsorSame as above
Date of change31/01/2011
Type of changeResignation
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
NameChoy Kok Onn
Age58
NationalityMalaysian
QualificationsMr Choy is a qualified engineer with a Bachelor of Engineering (Mechanical) from Australia.
Working experience and occupation Mr Choy 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 such as Fisher Rosemount, John Zink co., Edison Mcgraw/Worthington Pumps, Perry Equipments, General Monitors, Instromet and others. 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, he 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 is the uncle of Mr Looi Kem Loong, a Director and a major shareholder of the Company.
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 of 68,395,683 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. Major Huan Cheng Guan (Chairman) - Independent Non-Executive Director
2. Lim Kim Chu (Member) - Independent Non-Executive Director
3. Looi Kem Loong (Member) - Non-Independent Non-Executive Director


Announcement Info

Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO    
Date Announced31 Jan 2011  
CategoryChange in Audit Committee
Reference NoCU-110125-66772



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