Friday 29 Mar 2024
By
main news image

KUALA LUMPUR (Nov 2): High precision springs manufacturer Widetech (Malaysia) Bhd has redesignated its chief executive officer (CEO) Kong Sin Seng to a non-independent and non-executive director.

According to filings with the bourse, Kong was appointed as a member of the audit committee, joining independent non-executive directors Datuk Ng Bee Ken, who is the chairman of the committee, Lee Yoke Shue, and Datuk Lim Sin Khong.

Kong had joined Promet Bhd as group financial executive in 1983 and United Detergent Industries as financial controller in 1986. He worked with Promet Petroleum Ltd in Jakarta and also served the Dharmala Group, Indonesia in 1989 as group financial controller.

In 1995, he joined FACB Bhd as chief financial officer. In 1997, he was the personal assistant to the CEO of MBF Capital Bhd, and was also the senior vice president of MBF Finance Bhd. Since 2000, he served as CEO of Goldwealth Capital Sdn Bhd.

Widetech closed unchanged at 52 sen, with a market capitalisation of RM23.3 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.)

 

      Print
      Text Size
      Share