Loo Pak Soon

Independent Non-Executive Director

• Age: 64
• Gender: Male
• Nationality: Malaysian
• Date of Appointment: 22 August 2019
• Board Meetings Attended: 6/6

Loo Pak Soon, a Malaysian, aged 64, is our Independent Non-Executive Director. He was appointed to the Board on 22 August 2019 as an Executive Director, subsequently redesignated as Non-Independent Non-Executive Director on 31 March 2021, and further redesignated to his present position of Independent Non-Executive Director on 1 April 2024.

He is the Chairperson of the Nomination Committee and a member of the Audit and Risk Management Committee as well as the Remuneration Committee.

He graduated with a Bachelor of Commerce (Honours) in Business Administration with major in Finance from the University of Windsor, Canada in 1984.

He began his career in 1984 in the banking industry, where he accumulated approximately 8 years of experience in commercial and merchant banking with several financial institutions, including Arab-Malaysian Credit Berhad (now known as AmCard Services Berhad), Arab-Malaysian Merchant Bank Berhad (now known as Am Investment Bank Berhad), Lee Wah Bank Limited (now known as United Overseas Bank (Malaysia) Berhad), and Bank Buruh (Malaysia) Berhad (now known as BSNC Corporation Berhad).

In 1992, he joined NCK Corporation Berhad (now known as APB Resources Berhad), where he was involved in the restructuring and listing exercise of the company. He was subsequently appointed as Development Manager, where he was responsible for financial advisory, financial planning, and project development activities.

In 1993, he joined Powernet Industries Sdn Bhd as Financial Controller, overseeing the finance and accounting functions, including the listing exercise of Kumpulan Powernet Berhad (now known as Reneuco Berhad) in 2002. He later assumed the role of Executive Director and Special Assistant to the Group Chairman cum Managing Director of Kumpulan Powernet Berhad from 2002 to 2015, where he was responsible for the Group's financial management and strategic planning. In 2004, he was also appointed as Chief Operating Officer of Powernet Properties Sdn Bhd, a wholly-owned subsidiary of Kumpulan Powernet Berhad, where he oversaw its operations.

In 2016, he joined MTS Fibromat (M) Sdn Bhd as Chief Operating Officer, where he was responsible for overseeing the overall operations of the company until his resignation from the position in 2021.

He currently sits on the boards of several public listed companies, namely Malpac Holdings Berhad and Advance Synergy Berhad, both listed on the Main Market of Bursa Malaysia Securities Berhad.

He has no family relationship with any Director and/or major shareholder of the Company and has no conflict of interest with the Group. He has not been convicted of any offences within the past five (5) years other than traffic offences, if any, and there have been no public sanctions or penalties imposed on him by any relevant regulatory bodies.