The Directors of Inno-Pacific Holdings Ltd (the “Company”) are pleased to announce the appointment of Mr Md Abdul Wahab bin Md Shahir as a Director of the Company with immediate effect. Mr Md Abdul Wahab bin Md Shahir has also been appointed as a member of the Audit Committee, Nominating Committee and Remuneration Committee.

Mr Md Abdul Wahab bin Md Shahir, aged 64, graduated from the Sydney Technical College in Accountancy and holds a diploma in Management Consultancy Practices from the United Nations International Centre, Turin , Italy . He is a member of the Malaysian Institute of Accountants, Malaysian Institute of Certified Public Accountants and a Fellow member of the Certified Practising Accountants, Australia .

He started his career in 1967 as an Assistant Accountant with the Australian Gas Light Company Limited. Upon his return to Malaysia in 1972, he joined the Malaysian Airline System Berhad as Internal Auditor. In 1974, he left MAS to work as a Consultant for MIDF Industrial Consultants Sdn Bhd. In 1979 he joined the Rubber Industries Smallholders Development Authority as Director of Finance. In 1984 he joined Perwira Affin Bank as Chief Internal Auditor. In 1989 he was transferred to JP Finance (M) Berhad and subsequently Affin Finance Berhad as General Manager. In 1995, he joined the Business Focus Group of Companies as Managing Director. In 1998 he was appointed as Advisor to First Overseas Bank Cambodia and Director of Masteron Group of Companies.

Currently, he sits on the board of CPA Australia (M) Sdn Berhad and Liga Klasik Sdn Bhd. He is also an Independent Non-Executive Director of Federal Furniture Holdings (M) Berhad.

The details and declaration of Mr Md Abdul Wahab bin Md Shahir as required under Rule 704(7) of the Listing Manual of the Singapore Exchange Securities Limited are contained in a separate announcement made today.

By Order of the
Board of Directors
INNO-PACIFIC HOLDINGS LTD

WONG CHIN YONG
Managing Director