KUALA LUMPUR (July 1): StemLife Bhd has appointed Sophian Abdul Rahman as its acting chief executive officer (CEO), effective July 1, 2015.

The appointment followed the retirement of former managing director Datuk Low Su-Shing, as she did not seek re-election at StemLife’s (fundamental: 1.95; valuation: 0) 13th annual general meeting on June 16.

Based on the company’s filing, Sophian has served in Singapore’s Economic Development Board and International Enterprise (IE) Singapore.

He was also with CapitaLand Ltd, prior to his appointment in StemLife, where he was a key member in starting up several initiatives in the Middle East. He also serves on the board of governors of Temasek Polytechnic in Singapore.

Besides Sophian’s appointment, StemLife has also appointed Hoo Yee Fong as acting chief financial officer (CFO), following the retirement of former CFO Lim Jit Soon.

StemLife was unchanged at 35 sen, with a market capitalisation of RM86.63 million.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)