Tunku Imran To Succeed Tunku Abdullah As Chairman Of Malayan Cement Berhad


Petaling Jaya, Friday, 18 April 2003

The Chairman of Malayan Cement Berhad, Y.A.M. Tunku Tan Sri Abdullah ibni Almarhum Tuanku Abdul Rahman, aged 78, is retiring from the Company's Board and will not seek re-election at its coming Annual General Meeting on 27 May 2003. He will be succeeded by Y.A.M. Tunku Tan Sri Imran ibni Tuanku Ja'afar, aged 55, who has been a director of the Company for 24 years.
Tunku Abdullah has served on the Company's Board for 38 years, the last 24 years as its Chairman. He is a member of the Negeri Sembilan royal family and served as the Member of Parliament for Rawang constituency from 1964 to 1974.

In his Chairman's Statement in Malayan Cement's 2002 Annual Report released today, Tunku said that his 38 years with the Company have been thoroughly challenging and at the same time satisfying as he witnessed the growth of the Malayan Cement Group from a relatively small cement plant to its current size with facilities spanning the whole Peninsular Malaysia and contributing to the nation's development along the way.

Mr T K Quah, the President and Chief Executive Officer of Malayan Cement Berhad expressed the Group's gratitude to Tunku for his many years of service and dedication to the Group. Mr Quah further added that Tunku's commitment to Malayan Cement has been evident all these years and the Group will miss his strong guidance and wish him all the best for his well-earned retirement.

Tunku Imran, who will be taking over as the Chairman of the Board from Tunku Abdullah after his retirement, was appointed as an independent non-executive director of Malayan Cement Berhad in July 1979. Graduated with a Bachelor of Law (Honours) degree from Nottingham University, UK in 1970 and called to the Bar at Gray's Inn in 1971, Tunku Imran has held senior positions with various companies. He was the Chief Executive Officer of the Antah Group of Companies from 1976 to 2001. He currently sits on the Board of several other public listed companies, namely Aluminium Company of Malaysia Berhad, Austral Enterprises Berhad, Hwang-DBS (Malaysia) Berhad, Island & Peninsular Berhad and Minho (Malaysia) Berhad. Apart from business commitments, Tunku Imran is a Director of the Institute of Strategic and International Studies (ISIS) Malaysia, a member of the Malaysian Business Council and Malaysian-British Business Council. He is also the immediate past President of Badan Warisan Malaysia (Heritage of Malaysia Trust). In the field of sports, he is President of the Olympic Council of Malaysia, a member of the National Sports Council of Malaysia, President of the Malaysian Cricket Association, and the founding Chairman of the Foundation for Malaysian Sporting Excellence (SportExcel).

Listed on KLSE Main Board, Malayan Cement Berhad is the parent of a group of companies whose core businesses are the manufacture and sale of cement, ready-mixed concrete and related building materials. It is the leader of the Malaysian cement industry and a member of the Lafarge Group, the world leader in building materials operating in 75 countries with 77,000 employees worldwide. More information is available on: www.malayancement.com.my

Updated 18/04/2003