Hup Seng Industries Chairman Dato Keh (Kerk) Chu Koh has resigned as Chairman citing personal issues, his resignation will take effect from 30 December.
He is the brother of Kerk Chiew Siong, and uncle of Kerk Chian Tung, Teo Lee Teck, Kerk Kar Han, and Kuo Liong Yok.
Dato Kerk was involved in the Group’s strategic business development plans and product development which includes the installation of various production facilities in the Group’s factory and heads the research and development team which researches new varieties of biscuits. He contributed to obtaining the Certification of HACCP (Hazard Analysis Critical Control Point) & BRC (British Retail Consortium) for Hup Seng Perusahaan Makanan (M) Sdn. Bhd. in the year 2008 and ISO 22000:2005 in the year 2012, to ensure that product safety and quality are in line with global standards. He travels abroad extensively to keep abreast with the latest developments in the biscuits manufacturing industry and to assess new market prospects for the Group.
the Chairman does not have a conflict of interest with the Company except for certain recurrent related party transactions of a revenue or trading nature that are necessary for the day-to-day operations of the Group.
Direct interest – 7,306,666 shares Deemed Interest: – 4,746,665 shares (deemed interested by virtue of his interest
