| Date of change | 30/04/2011 |
| Type of change | Retirement |
| Designation | Executive Director |
| Directorate | Executive |
| Name | Low Teng Lum |
| Age | 57 |
| Nationality | Malaysian |
| Qualifications | Chartered Accountant; Fellow Member of the Chartered Association of Certified Accountants, United Kingdom; Associate Member of the Institute of Chartered Secretaries & Administrators, United Kingdom; and the Chartered Tax Institute of Malaysia; Member of the Malaysian Institute of Accountants and the Association of Corporate Treasurers, United Kingdom; Certified Executive Coach (UMCCed, University of Malaya); Diploma in Technical Analysis (Society of Technical Analysts, United Kingdom); Applied International Management Program (Institutet for Foretagsledning, Sweden); Master of Public Administration (Harvard University) |
| Working experience and occupation | Mr Low Teng Lum was appointed to the Board on 15 August 2001. He was an Audit Senior with Arthur Young before he joined Guthrie Malaysia as Internal Audit Manager. He subsequently held the post of Group Internal Auditor in Palmco Holdings Berhad and General Corporation Berhad before his appointment as Finance Manager of Southern Steel Berhad. During his 14-year tenure with Southern Steel Berhad, he was successively promoted to General Manager (Commercial), Senior General Manager (Rod Division) and Chief Operating Officer (Steel Business Unit) before taking up his current position in Guinness Anchor Berhad. He has served as a member of the Task Force on the formation of an Audit Oversight Board chaired by the Securities Commission. |
| Directorship of public companies (if any) | Boilermech Holdings Bhd |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Guinness Anchor Berhad ("GAB") wishes to announce the retirement of Mr Low Teng Lum, who is currently the Finance Director and Joint Company Secretary of GAB, with effect from 30 April 2011. Mr Low, who is also the head of IS&T, will also relinquish his directorships in the Board of Directors of GAB and GAB’s subsidiaries upon his retirement. He will also cease to be the Joint Company Secretary of GAB Group with effect from the same day. Mr Mahendran Kapuppial will succeed Mr Low Teng Lum and will assume the role of Finance Director (non-Board member) of GAB with effect from 3 May 2011. Mr Mahendran Kapuppial, a Chartered Accountant and a member of the Malaysian institute of Accountant, has over 20 years of finance, accounting and management experience in the fast moving consumer goods industry. Prior to GAB, Mr Kapuppial was the Finance Director of Kellogg Asia Marketing Inc for over 7 years. During his tenure with Kellogg Asia Marketing Inc, he was also asked to be the Acting Sales Director in 2008, a role he held while being the Finance Director. The Board of Directors of GAB wishes to express their appreciation to Mr Low Teng Lum for his contribution during his tenure with GAB. They wish him the best in his future endeavours. This announcement is dated 29 April 2011 |
| Company Name | GUINNESS ANCHOR BERHAD |
| Stock Name | GAB |
| Date Announced | 29 Apr 2011 |
| Category | Change in Boardroom |
| Reference No | GA-110422-37568 |