Change in Boardroom

Reference No CC-141030-57910

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

31/10/2014

 
Date of change : 31/10/2014
 
Name

:

Collin Goonting A/L O.S.Goonting
 
Age

:

67
 
Nationality

:

Malaysian
 
Type of change

:

Appointment
 
Designation

:

Non-Executive Director
 
Directorate

:

Independent & Non Executive
 
Qualifications

:

Barrister-at-Law, Inner Temple, London, United Kingdom.
 
Working experience and occupation

:

Mr. Goonting was admitted to the Honorable Society of the Inner Temple in London as a Barrister-at-Law in 1972 and has been in practice as an Advocate and Solicitor of the High Court of Malaya since. Besides litigation, he has always been active in the Corporate and Financial Sectors both Internationally and in Malaysia.

In litigation he has acted as lead Counsel in many high profile criminal as well as civil cases for more than 20 years including but not limited to Court Martialís. Overall, during his tenure he also acted for employers and employees alike in labour disputes and represented clients in the Industrial Courts. As a distinguished Senior Counsel he had represented clients both in Civil as well as Criminal in the Federal Court, the highest Appellate Court in Malaysia. He is still in active practice as Counsel.

In 1991, when Labuan (East Malaysia) was instituted by the Federal Government as the International Offshore Financial Centre (IOFC) the branch of Messrs Collin Goonting & Co was established to cater for the new industry. During the tenure of more than ten years, he represented International offshore Banks as well as foreign clients in financial matters especially in the setting up of Offshore Companies (SPVíS). The Firm was then active in legal services for the Islamic Financial services offered by the Local Offshore Banks.

Another sector in which he was actively involved in Labuan was in the Oil and Gas industry dealing with multinational offshore Oil Corporations in support of Off-shore drilling. The firm prepared and advised on cross border Joint Ventures for Oil corporations based on English and International Law.

The firm also acts for major shipping companies in Malaysia including two Public Listed Companies and had represented a listed Company at the London Maritime Arbitration Centre.

From the International experience gained he moved to Indonesia and in 2001 he set up a legal firm in Jakarta and he was appointed Legal Consultant to a company set up to build 5 x 60 MW Geothermal Power Plants. In the financial sector, he was involved and advised on private equity funding, restructuring of debts, recovery and liquidation by foreign Banks and Financial Institutions in Indonesia. He is still a consultant in Indonesia in the Oil and Gas Industry.
 
Directorship of public companies (if any)

:

Idimension Consolidated 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