UBG Bhd has appointed a new board of directors following the acquisition of Putrajaya Perdana Bhd and Loh & Loh Corp Bhd, which saw the entry of new substantial shareholders into the company.

With the completion of the UBG takeover exercise, Abu Dhabi-Kuwait-Malaysia Investment Corp (ADKMIC), through its wholly-owned subsidiary Majestic Masterpiece Sdn Bhd, has emerged as a significant shareholder in UBG.

The new board members are Mahmud Abu Bekir Taib, chairman and director Syed Ahmad Alwee Alsree, deputy chairman and director His Excellency Yousef Al-Otaiba/Mr Shaher Moh’d Ali Awartani (alternate), director Low Taek Jho/Tan Vern Tact (alternate), director Datuk Sri Liang Kim Bang, and director Krishnan a/l C.K. Menon.
Company Name
:
UBG BERHAD 
Stock Name
:
UBG 
Date Announced
:
19/09/2008 

Date of change
:
19/09/2008
Type of change
:
Appointment
Designation
:
Director
Directorate
:
Non Independent & Non Executive
Name
:
Low Taek Jho
Age
:
27
Nationality
:
Malaysian
Qualifications
:
Mr Low graduated with a Bachelor of Science in Economics with a concentration in Finance from The Wharton School, University of Pennsylvania, United States of America
Working experience and occupation
:
Mr Low Taek Jho was appointed to the Board of UBG on
19 September 2008. He is a representative from Majestic Masterpiece Sdn Bhd and Abu Dhabi-Kuwait-Malaysia Investment Corporation. He currently serves as group
advisor of several international firms, involved in global private equity, mergers & acquisitions, buyout, government-to-government offset structured investments and financing, networking and financial aid, amongst others.
Directorship of public companies (if any)
:
None
Family relationship with any director and/or major shareholder of the listed issuer
:
None
Details of any interest in the securities of the listed issuer or its subsidiaries
:
None

http://announcements.bursamalaysia.com/EDM...C1?OpenDocument