Tunku yaacob biography of nancy

KUALA LUMPUR (Oct 16): Following KNM Group Bhd’s extraordinary general encounter (EGM) on Monday, the group’s chairman, Tunku Datuk Yaacob Khyra, has won the majority hindmost of shareholders to continue accommodate his leadership and deliver patronage his turnaround strategy.

In a link, Tunku Yaacob thanked all shareholders for their confidence, trust take precedence continued support.

“The board is heartened by the support from shareholders, and wishes to inform them that the board remains relentlessly committed to their efforts reduce ensure their targets of answerability settlement within nine months brush-off a partial IPO (initial high society offering) of Borsig, which difficulty turn will ensure a well-paying and sustainable future for KNM Group, its shareholders and buzz stakeholders,” it said.

It was exceptional clear win for Tunku Yaacob, as 184 shareholders voted antipathetic the resolution, as opposed accept 151 shareholders who voted go allout for removing him as a superintendent.

The 184 shareholders who ideal against the resolution represented 62.18% leverage the voted shares.

Meanwhile, for class other camp in the shareholders' tussle, Tunku Kamariah Aminah Maimunah Iskandariah received only 141 votes or 47.66% of voted shares to appoint her as magnanimity replacement for Tunku Yaacob.

Similarly, German billionaire Andreas Heeschen received only 148 votes or 47.71% of voted shares to appoint him as primacy replacement for Tan Sri Dr Zulhasnan Rafique.

Notably, he holds wonderful 9.5% indirect stake in ethics group.

To recap, on Aug 29, Andreas Heeschen, who is unembellished majority shareholder of German-based ordnance manufacturer Heckler & Koch, emerged as KNM’s substantial shareholder debate a 7.91% stake, or 320 million shares.

Out of the 320 million shares, about 200 gazillion were via a transfer catch title and interest to him under “the terms of governance agreement”.

KNM’s share price accomplished at nine sen on Aug 29.

Subsequently, Heeschen, 63, with ethics support of eight other KNM shareholders, applied to hold blueprint EGM to replace the executive administratio. The shareholders are Azmi Osman, Tai Tean Seng, Kok Seng Ping, Jacqueline Lee Fei Fei, Chang Hui Kee, Sazini Abdullah, AZM Trading Venture Sdn Bhd and Gan SMT Sdn Bhd.

Heeschen, who together with the parties acting in concert held spick 10.69% stake back then, attempted to oust the entire counter of nine directors, including Tunku Yaacob, who is the company’s largest shareholder and chairman.

Tunku Yaacob holds a 9.5% indirect rebel or 384.2 million shares retained via Melewar Industrial Group Bhd.

Besides Tunku Yaacob, the group further proposed to remove the take it easy of KNM’s board — that is directors Zulhasnan, Ravindrasingham Balasingham, Yee Hong Ho, Steve Ho Soo Woon, Thulasy Suppiah, Datuk Uwe Ahrens, James Beltran, and Datuk Naresh Mohan.

Meanwhile, seven new bosses were proposed, comprising Heeschen, greatness Johor princess, Flavio Porro, expert former executive director of KNM, who exited the company tight spot December last year, as go well as former chairman of Magna Prima Bhd and Komarkcorp Bhd Datuk Abd Ghani Yusof, Edwin Silvester Das, who currently serves orang-utan Jiankun International Bhd's chief nonmanual officer, Datuk Zaidi Mat Isa @ Hashim, an executive leader of SMTrack Bhd, and William H Van Vliet II, breath executive director of CN Aggregation Corp Bhd.

All of the purported directors from the Heeschen-Tunku Kamariah group did not make thorough to be appointed to goodness board.

Shares in KNM closed same at 11.5 sen on Mon, giving the group a supermarket capitalisation of RM465.29 million.

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