Lim Thean Shiang now CEO of Daya Materials

by **Cals** Wed 25 Mar 2015, 00:27

Lim Thean Shiang now CEO of Daya Materials

By theedgemarkets.com / theedgemarkets.com | March 24, 2015 : 10:48 PM MYT

[size=14]KUALA LUMPUR: [size=14]Daya Materials Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) has appointed Datuk Lim Thean Shiang as its new chief executive officer (CEO), with immediate effect.
The position had been vacant since June 30 last year after the resignation of president and CEO Datuk Mazlin Md Junid.
In its filing to Bursa Malaysia this evening, Daya (fundamental: 0.55; valuation: 0.6) said Lim, who holds directorship in both Pontian United Plantations Bhd and MSM Malaysia Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), is also on the board of several companies within the Felda Global Ventures Group ([You must be registered and logged in to see this image.] Financial Dashboard).
The 43-year-old Lim, who was formerly Port Klang Authority general manager and Port Klang Free Zoneexecutive chairman, currently has a direct interest of 6.05% or 100 million shares in Daya Materials.
Lim first emerge as a substantial shareholder in the group after he acquired the stake in December last year.
In a separate filing, Daya Materials said Lim has also been appointed as an executive director of the company.
(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.)[/size]

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