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.
February 04, 2010
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