Change in Boardroom

Reference No CC-141104-5CF29

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

04/11/2014

 
Date of change : 04/11/2014
 
Name

:

Dr. Lai Chee Chuen
 
Age

:

50
 
Nationality

:

Malaysian
 
Type of change

:

Appointment
 
Designation

:

Director
 
Directorate

:

Executive
 
Qualifications

:

Dr Lai obtained his MBA and Doctorate in Finance from Cass Business School, City University, London.

Dr Lai is an Associate of the Chartered Institute of Management Accountants, Fellow of the Association of Chartered Certified Accountants, and Member of the Malaysian Institute of Accountants, Chartered Institute of Marketing and Association of Certified Fraud Examiners.
 
Working experience and occupation

:

A professional Accountant by training, Dr Lai worked in auditing, banking and finance, corporate management and consulting for 28 years.

He was trained in London and practised accountancy both in professional accounting firms and with Barclays Bank Group, London.

Upon returning to Malaysia, Dr Lai was attached to PwC Consulting before venturing into corporate management with a number of listed companies in capacities ranging from CEO, MD, Executive Director to Independent Non-Executive Director.

Dr Lai returned to consulting from 2012 to Mid 2014 with Grant Thornton Consulting as Senior Director, Corporate Advisory. He had led assignments ranging from strategic reviews, mergers and acquisitions, receiverships, turnarounds, valuations, due diligence, independent business reviews to forensic investigations.

Dr Lai specialises in Corporate Restructuring and Turnaround since obtaining a research PhD in this field in 1996. Since then, he had undertaken the role of advisor for a variety of corporate exercises including corporate and debt restructuring, mergers, acquisitions, divestments and reverse takeovers of listed companies in sectors ranging from construction, property development, telecommunications, manufacturing, diversified industries to government linked companies and agencies.
 
Directorship of public companies (if any)

:

Malaysia Pacific Corporation 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
 

:

Nil
 

Remarks :
Gender : Male