An email from Corporate Communications & Information (CCI) dated Jan 16, 2007 regarding changes in the Board of Formis Resources Berhad created confusion among HOCs about the status of the Managing Director, Chan Ngow.

Jenny Ong, Vice President CCI, wishes to clarify that the changes only affect the composition of the Independent Non-Executive Directors.  En. Ahmad bin Khalid has resigned as Director of FRB and taken up position as COO, Timedotcom Berhad. In his place, the Board has appointed Dato' Hairuddin bin Mohamed.

Jenny further reiterates, “There are no other changes at the Board level with regards to personnel or designations.”