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Change in Audit Committee

POWER ROOT BERHAD

Date of change

30/09/2013
NameDATUK SARCHU BIN SAWAL
Age64
NationalityMalaysian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
QualificationsHe graduated with a Bachelor of Economic (Statistics) from University of Malaya in year 1973 and subsequently obtained a Master in Business Administration (Finance) from Catholic University of Leuven, Belgium in year 1977. 
Working experience and occupation He has been with the Felda Group since 1974. From 1997 to 2010, he served as the CEO of Koperasi Permodalan Felda Malaysia Berhad and then as the CEO of KPF Holdings Sdn Bhd till his retirement at the end of December 2012. 
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 subsidiariesDirect Interest : 32,400 shares 
Composition of Audit Committee (Name and Directorate of members after change)Mr. Ong Kheng Swee (Chairman, Independent Non-Executive Director)

Y.M. Tengku Shamsulbhari bin Tengku Azman Shah, SMK (Member, Independent Non-Executive Director)

Remarks :
Following the resignation of Datuk Sarchu bin Sawal as a Director of Power Root on 30 September 2013, he also ceased to be a member of the Audit Committee. Therefore, the composition of the Audit Committee does not comply with Paragraph 15.09(1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The Company is required to fill the vacancy within 3 months from the date hereof.


This announcement is dated 30 September 2013.


Announcement Info

Company NamePOWER ROOT BERHAD  
Stock Name PWROOT    
Date Announced30 Sept 2013  
CategoryChange in Audit Committee
Reference NoC&-130930-42959




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