Corporate Profile

Creating value
for the community

Dato’ Seri Mohd Shariff Bin Omar was appointed to the Board on 30 August 2018 as an Independent Non-Executive Director. He was redesignated as Chairman on 25 October 2018.  He is also the Chairman of the Remuneration Committee and a member of the Audit Committee and Nomination Committee.

He holds a Bachelor’s Degree in Economics majoring in Rural Development, University Malaya. Dato’ Seri Mohd Shariff Bin Omar began his career in civil service in 1972 as the Assistant District Officer of Pekan, Pahang and continued to serve the State of Perak and Penang until 1982. His political career started when he won the State Seat of Sungai Dua in the 1982 General Election. He then served as a member of the Penang State Legislative EXCO from 1982 until 1990. He was subsequently appointed as the Parlimentary Secretary for the Ministry of Agriculture in 1990 until 1995. Between 1995 and 1999, he was appointed as Deputy Chief Minister of Penang. He returned as a Member of Parliament for another 2 terms from 1999 until 2008 and during that period, he was appointed as Deputy Minister of Agriculture and Agro-Based Industry.

Dato’ Seri Mohd Shariff also sits on the board of directors of Annum Berhad (formerly known as CYMAO Holdings Berhad). He has no family relationship with any other directors and/or substantial shareholders of the Company. He has no conflict of interest with the Company and has no convictions for any offences within the past 5 years other than traffic offences, if any.

Mr. Khat Chee How was appointed to the Board on 30 August 2018 as an Executive Director.

He holds a Bachelor’s Degree in Business Administration and is a member of the Malaysian Institute of Chartered Secretaries and Administrators. Mr. Khat Chee How has more than 10 years working experience particularly in corporate planning, fund raising, corporate secretarial, investors relation activities, tax planning, financial management and risk management in various industries and mainly attached to the corporate office of public listed companies. He has no family relationship with any other directors and/or substantial shareholders of the Company.

He is also a Key Management of the Group principally involved in corporate matters and the operation of paper packaging division.

He has no conflict of interest with the Company and has no convictions for any offences within the past 5 years other than traffic offences, if any

Ms. Lim Siew Yeng was appointed to the Board on 30 August 2018 as an Executive Director.

She holds a Diploma in Advertising Design. Ms. Lim started her career in 2013 and holds various managerial posts in sales, operations, cash and inventory management in both the retail and the grocer business. Her father, Mr. Lim Chou Bu, is a major shareholder of the Company through his interest held in NSK Trading Sdn. Bhd.

Currently, she is also a Key Management of the Group principally responsible for the plastic division of the Group.

She has no conflict of interest with the Company and has no convictions for any offences within the past 5 years other than traffic offences, if any.

 

 

Mr. Loh Teck Wah was appointed to the Board on 22 November 2018 as an Independent Non- Executive Director. He was subsequently re-designated as an Executive Director of the Company on 25 June 2020.

He holds a Degree in Accounting and Finance from the Middlesex University, United Kingdom. Mr. Loh started his career in banking since 1996. He rose from a junior officer position to his final position of vice president in a local financial institution before he left the banking industry to venture into his own business in fund raising consultancy services, corporate advisory services, equity and property investment and food & beverage distribution.

He is also a Key Management of the Group spearheading the newly established grocery business.

He has no family relationship with any other directors and/or substantial shareholders of the Company. He has no conflict of interest with the Company and has no convictions for any offences within the past 5 years other than traffic offences, if any.

Dato’ Sri Wira Ayub Bin Yaakob was appointed to the Board on 30 August 2018 as an Independent Non-Executive Director. He is also the Chairman of Nomination Committee and a member of the Remuneration Committee of the Company.

He holds a Diploma in Public Administration from MARA Institute of Technology, a Diploma in Police Science from University Kebangsaan Malaysia and a Certificate in Sustainable Leadership from Wolfson College, University of Cambridge, United Kingdom.

Dato’ Sri Wira Ayub bin Yaakob has served the Royal Malaysia Police for 38 years since 1977 to 2014 in several departments which include the Criminal Investigation Department, Logistic, Training and Management. He also served as the Chief Police Officer of Melaka, Terengganu and Pulau Pinang before he was appointed as Director of Crime Prevention and Community Safety Department in 2012. He retired in 2014 with the rank of Commissioner of Police.

Presently, he is the Chairman of Royal Malaysia Police Cooperative Berhad and Vice Chairman of Malaysian Crime Prevention Foundation. He also sits in the Asia Professional Security Association Committee and other social institutions.

He has no family relationship with any other directors and/or substantial shareholders of the Company. He has no conflict of interest with the Company and has no convictions for any offences within the past 5 years other than traffic offences, if any.

Mr. Chang Chen Seng was appointed to the Board on 30 August 2018 as an Independent Non- Executive Director. He is also a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company.

He holds a LLB (Hons) London degree and was called to the Malaysian Bar in 2001. He is currently the Managing Partner of Messrs. Amir Lim & Partners, Advocates & Solicitors and a panel member of the Disciplinary Committee of the Malaysia Advocates and Solicitors Disciplinary Board.

He has no family relationship with any other directors and/or substantial shareholders of the Company. He has no conflict of interest with the Company and has no convictions for any offences within the past 5 years other than traffic offences, if any.

Ms. Maggie Then was appointed to the Board on 24 January 2019. She is also the Chairman of the Audit Committee of the Company. Ms. Maggie Then is a member of the Association of Chartered Certified Accountants (ACCA) and the Malaysian Institute of Accountants (MIA).

She has more than 14 years working experience in financial reporting and management. She was an Accountant in DHL Global Forwarding (M) Sdn Bhd, responsible in financial reporting and budgeting of the company and she was responsible for the company’s cash and fixed asset management. She subsequently joined Avon Cosmetics (M) Sdn Bhd as Financial Reporting Manager handling statutory reporting requirements, assisted in its internal SOX audit review and also provided technical advice on any shortfalls of actual business performance from the budget forecast. Maggie’s expertise was recognised and she was subsequently offered a position as the Finance Manager in Technodex Berhad. There, she was given additional responsibilities in coordinating the company’s corporate exercises. She also attended board meetings to present the group’s quarterly financial results and submitted the results to the stock exchange for public announcements.

She has no family relationship with any other directors and/or substantial shareholders of the Company. She has no conflict of interest with the Company and has no convictions for any offences within the past 5 years other than traffic offences, if any.

Financial Information
Circular to Shareholder
Company Secretaries

Mak Chooi Peng 
(MAICSA 7017931)
SSM PC NO. 201908000889


Audit Committee

Maggie Then – Chairman
Dato' Seri Mohd Shariff Bin Omar – Member
Chang Chen Seng – Member


Nomination Committee

Dato’ Sri Wira Ayub Bin Yaakob – Chairman
Chang Chen Seng – Member
Dato’ Seri Mohd Shariff Bin Omar – Member


Remuneration Committee

Dato' Seri Mohd Shariff Bin Omar – Chairman
Dato’ Sri Wira Ayub Bin Yaakob – Member
Chang Chen Seng – Member


Auditor

Grant Thornton Malaysia PLT (AF 0737)
(Member of Grant Thornton International Ltd)
Chartered Accountant
Level 11, Sheraton Imperial Court
Jalan Sultan Ismail
50250 Kuala Lumpur
Tel No: +603 - 2692 4022
Fax No: +603 - 2732 5119


Stock Exchange Listing

Main Market of Bursa Malaysia Securities Berhad

Stock Code:     4995

Stock Name:    VERSATL


Registrar

Tricor Investor & Issuing House
Services Sdn Bhd
Unit 32-01, Lever 32, Tower A,
Vertical Business Suite,
Avenue 3, Bangsar South,
No.8 Jalan Kerinchi,
59200, Kuala Lumpur
Tel No: +603 2783 9299
Fax No: +603 2783 9222


Registered Office

B-9-19, Oasis Square, Block B,
No. 2, Jalan PJU 1A/7A,
Ara Damansara,
47301 Petaling Jaya,
Selangor Darul Ehsan.
Tel No: +603 - 7832 5781
Fax No: +603 - 7832 5781


Corporate Business Office

Lot 30745, Jalan Pandan Indah,
Pandan Indah, 55100 Kuala Lumpur
Tel No: +603 4292 1288
Fax No: +603 4291 0085