February 04, 2010

I attended the JAKS EGM at the Kelab Sultan Abdul Aziz Shah in Shah Alam yesterday morning.

It was a short and sweet meeting. JAKS was generous; providing both a good breakfast and a better lunch.

After the few questions, the two resolutions was passed unanimously. The first one was to approve a 10% placement of JAKS shares to interested parties while the second one was the appointment of a independent non-executive director.

I had the fortune of meeting Dato' Zulkipli Abdul, JAKS's chairman as well as Tan Sri Law Hieng Ding, the new independent non-executive director who was my former boss. We spoke of old times and he invited by over to his house on the first day of Chinese New Year.

I do believe the new director will be an asset to JAKS given his wide network in China.