| Company Name | : | FAVELLE FAVCO BERHAD |
| Stock Name | : | FAVCO |
| Date Announced | : | 15 May 2014 |
| Category | : | Change in Audit Committee |
| Reference Number | : | CC-140418-36301 |
Change in Audit Committee
FAVELLE FAVCO BERHAD
| Date of change | 15/05/2014 |
| Name | Tan Sri A. Razak bin Ramli |
| Age | 65 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Member of Audit Committee |
| New Position | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Tan Sri A. Razak bin Ramli ("Tan Sri A. Razak") obtained a Bachelor of Arts (Honours) Degree majoring in Public Administration from the University of Tasmania in 1971. He also holds a Diploma (Gestion Publique) from the Institut Internationale d'Administration Publique, Paris (1980). |
| Working experience and occupation |
Tan Sri A. Razak joined the Malaysian Civil Service in 1972 and has served in the Prime Minister's Department, the Public Services Department and the Economic Planning Unit before being seconded to the private sector for a year in 1984. He joined the Ministry of International Trade and Industry ("MITI") in 1985 where he rose to the post of Secretary-General on 19 January 2001. Tan Sri A. Razak retired from the Malaysian Civil Service on 24 October 2004. He was re-designated as a Senior Independent Non-Executive Director of Favelle Favco Berhad ("FFB") on 18 January 2013. |
| Directorship of public companies (if any) | Shangri-La Hotels (Malaysia) Berhad Ann Joo Resources Berhad Lafarge Malayan Cement Bhd Hong Leong Bank Berhad Hong Leong Investment Bank Berhad Hong Leong Islamic Bank Berhad Hong Leong MSIG Takaful Berhad Ophir Holdings Berhad |
| 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 | Direct Interest: 300,000 ordinary shares of RM0.50 each in FFB Indirect Interest: 800 ordinary shares of RM0.50 each in FFB held by his son. |
| Composition of Audit Committee (Name and Directorate of members after change) | 1. Tan Sri A. Razak bin Ramli - Chairman (Senior Independent Non-Executive Director) 2. Lim Teik Hin - Member (Non-Independent Non-Executive Director) 3. Tan Sri Dato' Seri Ahmad Ramli Bin Haji Mohd Nor - Member (Independent Non-Executive Director) 4. Sobri Bin Abu - Member (Independent Non-Executive Director) |