Umatrin Holding Ltd. (OTCMKTS:UMHL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Umatrin Holding Ltd. (the “Company”), deeply regrets to announce that Dato’ Dr. William Lee Wun Loong, the Vice President and Director of the Company, passed away on October 26, 2018.
On January 1, 2019, the Board of Directors (the “Board”) of the Company appointed Dato’ Zakaria Bin Abdul Rahman to fill the vacancy left by Dato’ Dr. William Lee Wun Loong’s passing and serve as the Vice President of the Company. For his service as a Vice President, Dato’ Zakaria Bin Abdul Rahman will receive annual compensation of MYR 1,000.00, effective January 1, 2019 until the Company’s next annual meeting of shareholders and until his successor is duly elected and qualified, or until her earlier death, resignation or removal.
Dato’ Zakaria Bin Abdul Rahman, age 56, is currently serve as the Vice President of myPPP Malaysia and Vice President of Putrajaya Football Club. He has been awarded the royal awards of Pingat Jasa Negara (PJN), Johan Setia Mahkota (JSM) and Anugerah Setia Negara (ASN). His experience including working as the Chairman of Cempaka Helicopter Corporation Sdn Bhd, the Executive Chairman of KN Furniture Manufacture (M)Sdn Bhd, the Chairman of Oxford United Sdn Bhd, the Chairman of SNZ Heritage Sdn Bhd, the Chairman of Tiara Astana Sdn Bhd and the Chairman of Tiara Cattle Sdn Bhd.
Dato’ Zakaria Bin Abdul Rahman is not a family member of any executive officer, director or person nominated to become a director or officer of the Company.
On November 8, 2018, Dato’ Osmanthus Ang Kui Hwa tendered his resignation as a Director of the Company, effective immediately. Dato’ Osmanthus Ang Kui Hwa’s resignation from the Board is not the result of any disagreement with the Company’s operations, policies or procedures. The resignation of Dato’ Osmanthus Ang Kui Hwa has been approved by the Board of the Company.
On January 1, 2019, the Board of the Company appointed Choy Chee Hong as the new Director of the Company. For his service as a Director, Choy Chee Hong will receive annual compensation of MYR 1,000.00, effective January 1, 2019 until the Company’s next annual meeting of shareholders and until his successor is duly elected and qualified, or until her earlier death, resignation or removal.
Choy Chee Hong, age 45, has extensive experience in marketing and promoting Health and Beauty Products. His personal sales achievements reached USD5,000,000 per annum and group sales achievements reached USD50,000,000 per annum. He had been working as the Diamond Speaker of Al-Ihsan Sdn Bhd from 2011 to June, 2019.
Choy Chee Hong is not a family member of any executive officer, director or person nominated to become a director or officer of the Company.
About Umatrin Holding Ltd. (OTCMKTS:UMHL)
Umatrin Holding Limited offers health and wellness products. The Company’s subsidiary, U Matrin Worldwide SDN BHD (Umatrin), provides technology and services to enable consumers, merchants and other participants to conduct business in its cloud-based trading system. Its segment is marketing and sales. It has curated non-toxic beauty, personal care to health and wellness products. The markets for Umatrin’s products are in Malaysia. Its geographic segment is Malaysia. It markets its products through approximately three primary methods, such as direct contact, online distribution, and/or by its dealer program. The Company’s products include Hydrogen Antioxidant Water Purifier, which includes various filters, such as Pre-Carbon filter, Nano Silver Filter, Alkaline Filter and Post-carbon filter; Hydrogen Alkaline Water Stick; UNIBERSIH; SOYME; SOPHIELICIOUS; Nano Skin-Care Serum Series and Nano Vibration Serum Pen; Dr. Appers Stem Cell, and AKERO SECRET ANTI-AGING SKIN CARE SERIES.
