has appointed Datuk Iain Lo and Bernard di Tullio to its board of directors, effective May 1.
Iain will join as an independent and non-executive director, while di Tullio joins as a non-independent non-executive director, Sapura Energy said in a statement.
Sapura Energy has also appointed Datuk Mohd Anuar Taib as executive director, by virtue of his role as group chief executive officer, effective May 1.
Iain, who has recently retired as Shell Malaysia’s chairman, has more than 30 years of extensive experience in Shell’s exploration and production, gas and downstream businesses both in Malaysia and abroad.
He joined Sarawak Shell Bhd as a field engineer in 1990 before moving on to various engineering, economics and corporate roles based in Malaysia, The Hague and Singapore. His areas of responsibility have included LNG and Chemical joint ventures in Malaysia, Middle East, China and Russia.
KUALA LUMPUR (April 30): Based on corporate announcements and news flow today, companies that may be in focus on Monday (May 3) include: FGV Holdings Bhd, MSM Malaysia Holdings Bhd, IHH Healthcare Bhd, Mr DIY Group (M) Bhd, Priceworth International Bhd, KLCCP Stapled Group, Sapura Resources Bhd, Sapura Energy Bhd, Malayan Banking Bhd, Al- Aqar Healthcare REIT, Top Glove Corp Bhd, Fajarbaru Builder Group Bhd and Sarawak Oil Palms Bhd.
FGV Holdings Bhd s (FGV) subsidiaries,
MSM Malaysia Holdings Bhd (MSM) and FGV Integrated Farming Holdings Sdn Bhd (FGVIF), have entered into a binding term sheet on the respective disposal and acquisition of a 100% stake of MSM s wholly-owned subsidiary MSM Perlis Sdn Bhd. With an initial disposal consideration of RM175 million, the agreement is set to be completed by the third quarter of this year.
Sapura Energy appoints former Shell Malaysia and Technip chiefs to its board
The Edge 12 hrs ago Arjuna Chandran Shankar
Datuk Iain Lo. Filepix by optionstheedge.com
KUALA LUMPUR (April 30): Sapura Energy Bhd has appointed Datuk Iain Lo and Bernard di Tullio to its board of directors, effective May 1.
Lo will join the board as an independent and non-executive director, the group said in a statement today.
He had recently retired as chairman of Shell Malaysia and has three decades of experience in Shell’s exploration and production, gas and downstream businesses, both in Malaysia and abroad, it added.
Sapura Energy said di Tullio, who had served as the president and chief operating officer of Technip Group Worldwide from 2005 to 2011, will join its board as a non-independent and non-executive director.