BURSA ANNOUNCEMENTS
OTHERS - ATTA GLOBAL GROUP BERHAD ("ATTA" and/or "the Company") Development of the investigation case on the offence under the Dangerous Drugs Act, 1952 and trading suspension of ATTA Securities
| Type | Announcement |
| Subject | OTHERS |
| Description | ATTA GLOBAL GROUP BERHAD ("ATTA" and/or "the Company") Development of the investigation case on the offence under the Dangerous Drugs Act, 1952 and trading suspension of ATTA Securities |
Reference is made to the Company’s previous announcements made on 21 January 2020, 31 January 2020, 18 February 2020, 24 March 2020, 13 April 2020, 22 May 2020, 26 June 2020 and 30 June 2020 (“the Announcementsâ€) in relation to the trading suspension of ATTA Securities and development of the investigation on the offence under the Dangerous Drugs Act, 1952.
The Board of Directors of ATTA wishes to inform the further developments of the above matters as follows:
1.      Updates on the Forfeiture Case (No Case: PA-64-FOP-22-04/2020)Â
Reference is made to the Company’s announcement made on 22 May 2020 and 26 June 2020 in respect of the Forfeiture of the Seized Properties Case.
Following the first case management held on 2 July 2020 at Sessions Court 2, Georgetown, the Court had fixed another case management on 8 September 2020 to enable all Claimants to appoint legal representatives and to submit their representation letters to the Attorney General Chamber (“AGCâ€), Putrajaya to be considered.
In this connection, the Company had on 6 July 2020 submitted the Company’s representation letter to the AGC. The Company had explained in the representation letter on the historical background, business operation of the Company and how the seized properties were legitimately acquired by the Company. The Company had furnished the AGC with the relevant evidences to be considered.
2.      Board and Board Committee’s Composition of ATTA After 30 June 2020
Reference is made to the Company’s announcement made on 30 June 2020 in relation to the change in Boardroom and Board Committee of ATTA. The update on the Board and Board Committee’s composition of ATTA are as follows:
2.1Â Â Â Â Board of Directors
The composition of the Board comprises seven (7) members, of whom four (4) are Executive Directors and three (3) are Independent Non-Executive Directors are as follows:
No. | Name of Directors | Designation |
1. | Chiok Kian Chau | Executive Chairman |
2. | Tan Kim Hee | Executive Director |
3. | Ng Chin Nam | Executive Director |
4. | Chow Choon Hoong | Executive Director |
5. | Sudesh A/L K. V. Sankaran | Independent Non-Executive Director |
6. | Dato’ Dennis Chuah | Independent Non-Executive Director |
7. | Loh Yee Sing | Independent Non-Executive Director |
2.2Â Â Â Audit Committee
The composition of Audit Committee are as follows:
No. | Â Members | Designation |
1. | Dato’ Dennis Chuah | Chairman, Independent Non-Executive Director |
2. | Sudesh A/L K. V. Sankaran | Member, Independent Non-Executive Director |
3. | Loh Yee Sing | Member, Independent Non-Executive Director |
2.3Â Â Â Â Nominating Committee
The composition of Nominating Committee are as follows:
No. | Members | Designation |
1. | Sudesh A/L K. V. Sankaran | Chairman, Independent Non-Executive Director |
2. | Dato’ Dennis Chuah | Member, Independent Non-Executive Director |
3. | Loh Yee Sing | Member, Independent Non-Executive Director |
2.4Â Â Â Â Remuneration Committee
The composition of Remuneration Committee are as follows:
No. | Members | Designation |
1. | Sudesh A/L K. V. Sankaran | Chairman, Independent Non-Executive Director |
2. | Dato’ Dennis Chuah | Member, Independent Non-Executive Director |
3. | Chiok Kian Chau | Member, Executive Chairman |
2.5Â Â Â Â Risk Committee
The composition of Risk Committee are as follows:
No. | Members | Designation |
1. | Chow Choon Hoong | Chairman, Executive Director |
2. | Ng Chin Nam | Member, Executive Director |
3. | Chiok Kian Chau | Member, Executive Chairman |
4. | Loh Yee Sing | Member, Independent Non-Executive Director |
5. | Mathavan Pillay A/L Kansai | Member, Non-Directorate |
2.6Â Â Â Â ESOS Committee
The composition of ESOS Committee are as follows:
No. | Members | Designation |
1. | Chiok Kian Chau | Chairman, Executive Chairman |
2. | Ng Chin Nam | Member, Executive Director |
3. | Siva Raman A/L S. Ramasamy Pattar  | Member, Group Financial Controller |
This announcement is dated 15 July 2020.
ANNOUNCEMENT INFO
| Reference No | GA1-25062020-00141 |
| Company Name: | ATTA GLOBAL GROUP BERHAD |
| Stock Name: | ATTA |
| Date Announces: | 15 Jul 2020 |
| Category: | General Announcement for PLC |