TAN SRI DATO’ LEE SHIN CHENG Executive Chairman, Malaysian, Age 71
Tan Sri Dato’ Lee Shin Cheng was fi rst appointed to the Board on 21 July 1981. As Executive Chairman and Chief Executive Offi cer, he actively oversees the operations of the Group.
He is an entrepreneur with considerable experience in the plantation and property development industries. In recognition of Tan Sri’s immense contributions to the evolving needs and aspirations of the property industry in Malaysia, Tan Sri was bestowed the singular honour of FIABCI Malaysia Property Man of the Year 2001 Award. In February 2002, Tan Sri was conferred the Honorary Doctorate Degree in Agriculture by Universiti Putra Malaysia in recognition of his contributions to the palm oil industry. In 2006, Tan Sri was conferred the Fellowship of the Incorporated Society of Planters (“FISP”) by Malaysia’s ISP. In October 2008, Tan Sri was conferred Honorary Fellowship of the Malaysian Oil Scientists’ and Technologists’ Association (“MOSTA”) for his outstanding contributions to agriculture, in particular the oleochemical and specialty oils and fats.
Tan Sri is currently a Council Member of the East Coast Economic Region Development Council (“ECERDC”). Tan Sri is also active in providing his advice and guidance to a large number of industry groupings, associations and social organisations. He serves as, among others, the Honorary President of the Associated Chinese Chambers of Commerce and Industry of Malaysia (“ACCCIM”).
Tan Sri is a member of Remuneration Committee of the Company.
Tan Sri is the father of Dato’ Lee Yeow Chor and Lee Yeow Seng, and the brother of Lee Cheng Leang, all Executive Directors of the Company.
Tan Sri is deemed in confl ict of interest with the Company by virtue of his interest in certain privately-owned companies which are also involved in property development business. However, these privately-owned companies are not in direct competition with the business of the Company due to the diff erent locality of the developments. Except for certain recurrent related party transactions of a revenue or trading nature which are necessary for day-to-day operations of the Company and its subsidiaries and for which Tan Sri is deemed to be interested as disclosed under Other Information section of the Annual Report, there are no other business arrangements with the Company in which he has personal interests.
Tan Sri attended all the six (6) Board Meetings held during the fi nancial year ended 30 June 2010.
DATO’ LEE YEOW CHOR
Executive Director, Malaysian, Age 44
Dato’ Lee Yeow Chor was fi rst appointed to the Board on 25 April 1996. He is the Group Executive Director of IOI Group of companies which are involved in four core business sectors, namely oil palm plantations, oleochemical manufacturing, specialty oils and fats and lastly, property development and investment.
Dato’ Lee is a barrister from Gray’s Inn, London and holds a LLB (Honours) from King’s College London and a Postgraduate Diploma in Finance and Accounting from London School of Economics.
Prior to joining IOI Group as a General Manager in 1994, he served in various capacities in the Attorney General’s Chambers and the Malaysian Judiciary service for about four years. His last posting was as a Magistrate.
Dato’ Lee is the Chairman of the Malaysian Palm Oil Council (“MPOC”) and also serves as a Council Member in the Malaysian Palm Oil Association (“MPOA”).
Dato’ Lee is the eldest son of Tan Sri Dato’ Lee Shin Cheng and brother of Lee Yeow Seng.
Dato’ Lee is deemed in confl ict of interest with the Company by virtue of his interest in certain privately-owned companies which are also involved in property development business. However, these privately- owned companies are not in direct competition with the business of the Company due to the diff erent locality of the developments. Except for certain recurrent related party transactions of a revenue or trading nature which are necessary for day-to-day operations of the Company and its subsidiaries and for which Dato’ Lee is deemed to be interested as disclosed under Other Information section of the Annual Report, there are no other business arrangements with the Company in which he has personal interests.
Dato’ Lee attended fi ve (5) out of the six (6) Board Meetings held during the fi nancial year ended 30 June 2010.
LEE CHENG LEANG
Executive Director, Malaysian, Age 62
Lee Cheng Leang was fi rst appointed to the Board on 21 July 1981. He has considerable experience in the hardware, chemical and industrial gas industry.
Lee Cheng Leang is the brother of Tan Sri Dato’ Lee Shin Cheng.
Lee Cheng Leang attended all the six (6) Board Meetings held during the fi nancial year ended 30 June 2010.
LEE YEOW SENG
Executive Director, Malaysian, Age 32
Lee Yeow Seng was fi rst appointed to the Board on 3 June 2008. Since joining the IOI Group, he is actively involved in corporate aff airs and general management within the IOI Group.
Lee Yeow Seng holds a LLB (Honours) from King’s College London and was admitted to the Bar of England & Wales by Inner Temple.
Lee Yeow Seng is the youngest son of Tan Sri Dato’ Lee Shin Cheng and the brother of Dato’ Lee Yeow Chor.
Lee Yeow Seng is deemed in confl ict of interest with the Company by virtue of his interest in certain privately-owned companies which are also involved in property development business. However, these privately-owned companies are not in direct competition with the business of the Company due to the diff erent locality of the developments. Except for certain recurrent related party transactions of a revenue or trading nature which are necessary for day-to-day operations of the Company and its subsidiaries and for which Lee Yeow Seng is deemed to be interested as disclosed under Other Information section of the Annual Report, there are no other business arrangements with the Company in which he has personal interests.
Lee Yeow Seng attended four (4) out of the six (6) Board Meetings held during the fi nancial year ended 30 June 2010.
DATUK HJ MOHD KHALIL B DATO’ HJ MOHD NOOR
Senior Independent Non-Executive Director, Malaysian, Age 69
Datuk Hj Mohd Khalil b Dato’ Hj Mohd Noor was fi rst appointed to the Board on 18 February 2000. He holds a B.A. (Honours) in Economics & Islamic Studies from the University of Malaya and Diploma in Commercial Policy from Geneva. He is a former public servant and his last post in the public service was Auditor General of Malaysia (1994-2000). During his 36 years of distinguished service in the public sector, among the many appointments he held were those of Secretary of the Foreign Investment Committee, Under-Secretary Finance Division in the Ministry of Finance, Deputy Secretary General of the Ministry of Trade and Industry, and Secretary General of the Ministry of Works.
Datuk Hj Mohd Khalil is also the Chairman of the Audit Committee, a member of the Remuneration Committee and Nominating Committee of the Company. He is also the Chairman of TIME Engineering Berhad Group and a Director of MNRB Holdings Berhad, Malaysian Re-insurance Berhad and MNRB Retakaful Berhad.
Datuk Hj Mohd Khalil is a Trustee of Yayasan Tan Sri Lee Shin Cheng.
Datuk Hj Mohd Khalil attended all the six (6) Board Meetings held during the fi nancial year ended 30 June 2010.
CHAN FONG ANN
Independent Non-Executive Director, Malaysian, Age 80
Chan Fong Ann was fi rst appointed to the Board on 27 June 1985. He was a member of the Incorporated Society of Planters (1979-1995).
He is a businessman with considerable experience in the plantation industry. He also hold directorships in several private companies.
Chan Fong Ann is actively involved in providing advice and guidance to associations and social organisations in Muar such as Kah Yin Thong Sheong Fui (Chairman from 1991-15 April 2007), Hakka Association, Seu Teck Sean Tong, Chong Hwa Associated Chinese School, Chinese Chamber of Commerce, Chinese Association and Chung Hwa Primary Schools.
Chan Fong Ann is also a member of the Audit Committee, Remuneration Committee and Nominating Committee of the Company.
Chan Fong Ann attended all the six (6) Board Meetings held during the fi nancial year ended 30 June 2010.
Chan Fong Ann is retiring at the forthcoming Forty-First Annual General Meeting of the Company pursuant to Section 129 of the Companies Act, 1965 and will not be seeking re-appointment.
QUAH POH KEAT
Independent Non-Executive Director, Malaysian, Age 58
Quah Poh Keat was fi rst appointed to the Board on 2 January 2008.
He is a member of the Malaysian Institute of Accountants, Malaysian Institute of Certifi ed Public Accountants, Chartered Institute of Management Accountants, and Fellow of the Malaysian Institute of Taxation and Association of Chartered Certifi ed Accountants.
He served as a past Vice-President of the Malaysian Institute of Taxation and is currently a Member of the Federation of Malaysian Manufacturers Economic Policies Committee.
Quah Poh Keat had been a partner of KPMG since 1 October 1982 and was the Senior Partner of the Firm responsible for the daily operations of KPMG Malaysia from 1 October 2000 until 30 September 2007. Prior to taking up the position of Senior Partner (also known as Managing Partner in other practices), he was in charge of the Tax Practice and the Japanese Practice in KPMG Malaysia. He was also a member of the KPMG Japanese Practice Council, the governing body within KPMG International, which looks after the Japanese Practices in the KPMG world. He was a Board Member of KPMG Asia Pacifi c that oversees KPMG operations in Asia Pacifi c and a Member of KPMG International Council that oversees KPMG’s global operations.
Quah Poh Keat had experience in Audition, Taxation, and Insolvency Practices and worked in both the Malaysian Firm and two years with the UK Firm. He retired from KPMG Malaysia on 31 December 2007.
Quah Poh Keat is also a member of the Audit Committee and Nominating Committee of the Company. He is also a director of PLUS Expressways Berhad, Telekom Malaysia Berhad, Public Bank Berhad, Public Investment Bank Berhad, Public Mutual Berhad, Public Islamic Bank Berhad, Public Finance Ltd, Public Financial Holdings Ltd, Public Bank (Hong Kong) Ltd, Cambodian Public Bank Plc, Lonpac Insurance Berhad, Campubank Lonpac Insurance Plc, LPI Capital Berhad and On-Going Holdings Sdn Bhd. He is a Trustee of Yayasan Tan Sri Lee Shin Cheng.
Quah Poh Keat attended all the six (6) Board Meetings held during the fi nancial year ended 30 June 2010.
Notes:
1. Save as disclosed above, none of the Directors have:
a. any family relationship with any directors and/or substantial shareholders of the Company; and b. any confl ict of interest with the
Company.
2. None of the Directors have any conviction for off ences within the past 10 years.