Ni Hsin Berhad Annual Report 2018

Annual Report 2018 Ni Hsin Resources Berhad (653353-W) 13 Audit Committee Member in CSL (which he has resigned on 20 January 2015) for breach of Paragraph 16.13(b) of the Main Market Listing Requirements of Bursa Securities for permitting CSL’s failure to announce/issue its financial statements on the due date thereby breaching the following provisions in the Main Market Listing Requirements of Bursa Securities: 1) Paragraph 9.16(1)(a) – for failure to take into account the adjustments in respect of recognition of deferred tax assets and provision of doubtful debts resulting in a deviation between CSL’s unaudited and audited results for the 9-months period ended 30 September 2014; 2) Paragraph 9.23(1) – for CSL’s failure to issue its Annual Report for the financial year ended 31 December 2013 on or before the due date of 30 June 2014 thereby resulting in a delay of 31 market days; and 3) Paragraph 9.23(2) – for CSL’s failure to announce its annual audited financial statements for the financial year ended 31 December 2013 on or before the extended due date of 30 June 2014 thereby resulting in a delay of 6 market days. Leow Chan Khiang Independent Non-Executive Director Leow Chan Khiang, a Malaysian, aged 52, male, was appointed as our Independent Non-Executive Director on 26 October 2015. He serves as the Chairman of the Audit and Risk Management Committee and is a member of the Nomination Committee and Remuneration Committee. Mr Leow is a Fellow Member of the Association of Chartered Certified Accountants and a Chartered Accountant with the Malaysian Institute of Accountants. He obtained a Bachelor Degree in Economics from the University of Malaya in 1990 and a Master’s degree in Business Administration from Universiti Utara Malaysia in 1999. Mr Leow began his career in 1991 as an executive in Hong Leong Bank Berhad and was promoted to Assistant Manager in 1994. In 1996, he left Hong Leong Bank Berhad and joined Malaysian International Merchant Bankers Berhad as an Assistant Manager where he was responsible for various corporate fund raising exercises as well as general advisory work until 2001. Subsequently, he joined a logistic company until 2002. In 2002, he joined CAB Cakaran Corporation Berhad (“CAB”) as a Director of Corporate Finance, and subsequently, was appointed as an Executive Director in 2003 where he was responsible for corporate planning, accounting and tax as well as joint-venture matters. He resigned from his position as an Executive Director of CAB in 2007 and was appointed to the Board of SLP Resources Berhad as Non-Independent Non-Executive Director in the same year. Currently, Mr Leow sits on the Board of SLP Resources Berhad as an Independent Non-Executive Director, Salutica Berhad as an Independent Non-Executive Director, Tek Seng Holdings Berhad as an Independent Non-Executive Director, and Sanbumi Holdings Berhad as an Indepedent Non-Executive Director, all of which are companies listed on Bursa Malaysia Securities Berhad. Mr Leow attended all the five (5) Board meetings held during the financial year. Other than the directorships as disclosed above, he does not hold any other directorship in any other public company or listed issuer in Malaysia. He does not have any family relationship with any Director and/or major shareholder of the Company. He has no conflict of interest with the Company, and has not been convicted of any offences (other than traffic offences, if any) within the past five (5) years and has not been imposed of any public sanction or penalty by the relevant regulatory bodies during the financial year 2018. Rithauddin Hussein Jamalatiff Bin Jamaluddin Independent Non-Executive Director Rithauddin Hussein Jamalatiff Bin Jamaluddin, a Malaysian, aged 54, male, was appointed as our Independent Non-Executive Director on 1 March 2017. He serves as a member of the Audit and Risk Management Committee, Nomination Committee and Remuneration Committee. Rithauddin holds a Bachelor Degree in Law (L.L.B. Honours) from the University of Buckingham and a Certificate of Legal Practice from Universiti of Malaya. He is a lawyer by profession and co- founder of Rithauddin and Azlin, a legal firm in Kuala Lumpur established in May 1992. He sits on the Board of ES Ceramics Technology Berhad, a company listed on Bursa Malaysia Securities Berhad as an Independent Non-Executive Director. Rithauddin attended all the five (5) Board meetings held during the financial year since his date of appointment. Other than the directorship as disclosed above, he does not hold any other directorship in any other public company or listed issuer in Malaysia. He does not have any family relationship with any Director and/or major shareholder of the Company. He has no conflict of interest with the Company, and has not been convicted of any offences (other than traffic offences, if any) within the past five (5) years and has not been imposed of any public sanction or penalty by the relevant regulatory bodies during the financial year 2018 except the following: On 25 April 2017, in his tenure as a Director of Unicliq Sdn Bhd, he was compounded by the Companies Commission of Malaysia for a total sum of RM4,000.00 due to breach of the following provisions: 1) Section 143(1) of the Companies Act, 1965 – failure to hold an annual general meeting every calendar year; and 2) Section 169(1) of the Companies Act, 1965 – failure to lay the profit and loss account at Unicliq Sdn Bhd’s annual general meeting. The compound has been duly settled. Board of Directors’ Profile (continued)