MindaCergas

Who’s who is PECD who lets a man sit in jail…..

Posted by: mindspring on: October 4, 2007

BOARD OF DIRECTORS

KEY MANAGEMENT TEAM

Dato’ Mohammed Azlan Hashim, Independent Non-Executive Chairman

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En. Rosman Abdullah, Group Chief Executive Officer
En. Rosman Abdullah was appointed the Group Managing Director of PECD on 30 May 2006.

He graduated in 1988 with a Bachelor of Commerce (Accounting) Degree from the Australian National University . He has been a chartered member of the Malaysian Institute of Accountants and a member of the Australian Society of Certified Practising Accountants since 1992. He has also completed the Advanced Management Programme at Oxford University in year 2000 under the British Government Chevening Scholarship Award.

He brings over 17 years experience in corporate management and advisory services. His career started in 1989 when he joined Hanafiah Raslan & Mohammad, a public accounting firm that subsequently merged with Arthur Andersen & Co. He served Arthur Andersen & Co for nearly nine years in the areas of auditing , corporate restructuring, privatisation, financial and corporate advisory and corporate finance. He left Arthur Andersen Advisory Services Sdn Bhd in 1997 to assume the position of Executive Director of Finance, Business Development and Corporate Services of Malaysia Airports Holdings Berhad before joining PECD in 2003.

He is also currently serving as Chairman of Datascan Berhad and is an independent non-executive director of Kumpulan FIMA Berhad, KUB Malaysia Berhad and Narra Industries Berhad.

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Dato’ Othman Hashim, Non-Independent Non-Executive Director
Dato’ Othman Hashim was appointed Non-Independent Non-Executive Director of PECD on 14 September 2004. He is also a member of the Nominating and Remuneration Committee, Risk Management Committee, Audit Committee and Option Committee of PECD Berhad.

He graduated in 1980 with a Bachelor of Law (LLB) (Honours) from University of London, United Kingdom. The same year, he became a Barrister-at-Law from Lincoln’s Inn, United Kingdom.

He began his career with Mara Institute of Technology as a Lecturer. In 1982, he left to Read in Chambers with Messrs Gill & Tang. In 1983, he founded Messrs Othman Hashim & Co and is currently the Senior Partner of the firm.

Currently, he sits on the board of several private limited companies in Malaysia. Dato’ Othman is a substantial shareholder of the Company with indirect interest of 31.23% by virtue of his substantial shareholding in Dynaura Trading Sdn Bhd.

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Mr. Oh Teik Tatt, Senior Independent Non-Executive Director
Mr. Oh Teik Tatt was appointed as Senior Independent Non-Executive Director of PECD on 14 September 2004. He is a member of the Nominating and Remuneration Committees, Risk Management Committee and also of the Audit Committee of PECD Berhad.

He completed his degree in Agriculture Science (B.Agr.Sc) at the University of Malaya. He serves as an Executive Committee member of the World Wild Life Fund and a member of the Board of Trustees. He was an Executive Committee member of the Equestrian Association of Malaysia and Vice Chairman of the Malaysia Society of Marine Sciences.

On the business front, he was an active member of the British Malaysia Chamber of Commerce, Malaysia-Canada Business Council and American-Malaysian Chamber of Commerce. He was also the Managing Director of Tractors Malaysia Holdings Berhad (1993-2004).

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Mr. Tai Keat Chai, Independent Non-Executive Director
Mr. Tai Keat Chai was appointed as Independent Non-Executive Director of PECD on 14 September 2004. He is the Chairman of the Audit Committee and a member of the Nominating and Remuneration Committee of PECD Berhad.

He is a member of the Institute of Chartered Accountants, England & Wales and the Malaysian Institute of Accountants.

He began his career with KPMG in London as an Audit Senior in 1977 and a year later joined PricewaterhouseCoopers Kuala Lumpur, as a Qualified Assistant. In 1981, he joined Alliance Merchant Bank as an Assistant Manager and rose to the position of Senior Manager (Corporate Finance). Subsequently, in 1988, he returned to PricewaterhouseCoopers Consulting Sdn Bhd as Manager for about a year before joining Berjaya Group as a General Manager (Investment). In 1990 he ventured into stockbroking industry and has worked in SJ Securities Sdn Bhd,A.A.Anthony Securities Sdn Bhd and ECM Libra Securities Sdn Bhd as General Manager, Director and a dealer’s representative respectively.

Currently he is a Director of Fiscal Corporate Services Sdn Bhd. He also serves on the Board of Malaysia Discounts Berhad, Utama Merchant Bank Berhad, Chuan Huat Resources Berhad, Amanah Smallcap Fund Berhad, Discomp Berhad,Toyochem Corporation Berhad, MESB Berhad and Datascan Berhad.

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Dato’ Yam Kong Choy, Michael, Independent Non-Executive Director
Dato’ Yam Kong Choy, Michael, was appointed as Independent Non-Executive Director of PECD on 14 September 2004. He is also a member of the Audit Committee and the Risk Management Committee of PECD Berhad.

Dato’ Michael Yam qualified as a professional corporate member of the Chartered Institute of Building after graduating in building and management studies from the University of Westminster, London in 1979.

He is a corporate member, examiner and the president of the Chartered Institute of Building, Malaysia. He was also a two-term member of the National Advisory Council for Consumer Protection. He is currently the Honorary Secretary of the Real Estate and Housing Developer Association (“REHDA”) of Wilayah Persekutuan and also the National Treasurer for the parent body. He is also a member of the Board of Trustees of the Standard Chartered Trust Fund.

Dato’ Michael Yam won the CEO of the Year Award 2002 awarded by American Express/Business Times. Under his stewardship, Sunrise Berhad was voted one of ten Best Employers of Asia Award 2003 for Malaysia and achieved the highest position on The Edge’s Ranking of Top Developers in Malaysia under qualities attributes.

He is currently the Managing Director and Chief Executive Officer of Sunrise Berhad and also serves on the Board of Construction Labour Exchange Centre Berhad as well as a number of private limited companies both in Malaysia and overseas.

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En. Zailan Ahmad, Director, Business Development & Marketing
Zailan Ahmad has over 23 years working experience in the electronics assembly, oil and gas, investment holding as well as construction business.

He obtained a Diploma in Business Studies from University Technology MARA (now known as UiTM) in 1977 and a Bachelor Degree in Business Administration from Ohio University/UiTM in 1979.

He joined Peremba (Malaysia) Sdn Bhd (PMSB), the investment holding company of the PMSB group of companies, as its Group General Manager, Human Resource in 1994. In 2002, he was appointed as the Marketing Director of PCSB.

He provides leadership and guidance in developing and implementing marketing strategies to identify viable and profitable projects to meet the Company’s business objectives. He develops critical networking activities to form strategic links with clients, consultants, local authorities, market players, and local as well as international partners in undertaking potential projects.

7 Responses to "Who’s who is PECD who lets a man sit in jail….."

[...] Oct 2nd, 2007 by muraqabatst By Friends of Zainal Adnan Khairudin in UAE (who’s who in PECD Board here) [...]

Whilst on the surface it appears that resolving the matter quickly is not forthcoming, it is nevertheless an unfair statement to generalise that the lack of prompt action is the result of the entire management and the Board. It is unfortunate that the view presented by Mssrs Mindspring reflects as such.

From the information obtained, there is one or two from the management that is sincerely pushing this matter to be settled and defended not only Zainal Adnan in the company but also highlighting from the beginning the seriousness of this matter and the impact it has on the reputation & operations of PECD if this matter is not resolved the soonest possible.

Generalising and listing the who’s who in PECD in this manner is not at all helping. In fact it may further demoralised the very individuals that is fighting for this matter to be handled righteously and swiftly. This same individuals are already very much not favored by leadership’s management circle.

I am sure Concern is right, but when an officer get jailed for doing his job…..

a. how do you sign a check with no funds?
b. 24 days have gone and he is still in jail

Surely the Board can act much more swiftly than that!

Is there more to this than meet the eye?

Concern has some valid points and I appreciate his apprehension, but….

Why do we feel that we have to tip toe around senior management or board members as though they are some kind of holy sacraments. Are they or their egos that fragile? They don’t mind their picture being put on glossy annual reports. Why should this be different? To me they (all of them, not one or two) should be the first to be put on the line if even a whiff of something not right happens. After all, it comes with the turf – and the gleaming mercs, beemers, perquisites, no? Or would we rather keep subscribing to the notion that the foot soldiers should always take the rap while kudos are reserved for management and board.

As to generalising not being helpful? Helpful to what? How much time do we need? Already that guy has been languishing in jail for quite some time. Lets not perpetuate this Malaysian malaise of always needing more time, be given a chance to settle down, to warm up. Heck even the chief CEO of this country pleaded warming up after two years in his seat.

That some “individuals are already very much not favored by leadership’s management circle” is a lame excuse for letting someone down the line take the heat for the organization. When your man is down, nothing else matters. Just get him out. Especially if he got into trouble because of your questionable operating procedures.

I absolutely agree with you Mindspring and Bojangles.

It is not about tip toeing around senior management and the board. In the case of this 1 or 2 individual who is trying their sincere best, it is actually going against a brick wall. It is up to the management, leadership and the board to act immediately.

Notwithstanding this, this 1 or 2 individuals are exhausting all avenues I was informed, to help out in their own capacity that includes informing the independent directors the other side of the story, indirectly/discreetly managing the people that are handling this issue to at least put pressure to push for urgency in resolving this matter. These are the same individuals that are risking their job and do what ever is possible not only to get Zainal out but also to clear his name.

Then again what has been presented to the Board by the management to this day could be questioned. It is unlikely that the Board would take this matter so lightly and slowly if the facts of the matter were presented fairly.

I believe there is more than meets the eye, definitely. Is there basis for the company to prolong this matter, increasing the suffering of zainal and his family or is this a convenient way to find a fall guy?

What is the actually issue here? If money is the issue (as widely reported in the press lately), then someone should at least be straight with zainal’s family instead of providing misleading or false hope.

Bottom line is, this is intolerable.

My apologies, Mindspring, for this tenuous link with the topic at hand. But, I believe there is a message in here somewhere. I would like to call it Blue Collar vs White Collar.

A county garbage operations employee in Florida found a plastic bag on the road stuffed with $65,000 on Thursday — and immediately turned it in to authorities.

The 53-year-old woman found the bag full of enough $50 and $100 bills to pay her salary for two years. She immediately contacted a supervisor, who called the police.

The lady, Cole, said she was raised to be honest and raised her four daughters the same way. Did she think for just a minute about keeping the money?

“Everyone keeps asking me that,” Cole said. “To be honest, no. It didn’t even cross my mind.”

Now, switch to…..

A former economist pleaded guilty on Friday for his role in swindling investors out of an estimated $90 million.

Al Parish, 50, admitted to two counts of fraud and lying to investigators.

Prosecutors claimed that Parish, defrauded about 500 people through his investment company.

Much of the $90 million taken was spent on his lavish lifestyle, which included a half-dozen homes, customized cars, garish clothing, fine art and diamond-encrusted pens, authorities said.

…..makes you wonder about all those blue suited, pin striped, necktied, buttoned-down types.

Ashraf

Isn’t Teik Tatt a co-director of yours at CEO Solutions? What does he have to say?

Afzal.

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