Mr Ken Tan Kien Hok took up the position of General Manager for Continuous Network Advisers Sdn Bhd in August 2007. After a stint of two years and eight months, Ken will be leaving us on 1 April.  We want to thank Ken for his tenure at CNA and wish him every success in whatever he undertakes to do.

At the same time we also want to wish En Ahmad Zaki all the best as he undertakes to look after CNA for the time being. This is in addition to Zaki’s  present role as General Manager of Formis Network Services Sdn Bhd. Thanks Zaki!

Formis Group held its annual business plan presentation session at its Conference & Training Center yesterday. All Heads of Company reviewed their 2009/2010 performance and shared their plans for the financial year ahead.

The Chief Executive Officer, Dato’ Mah Siew Kwok challenged the team to work harder in order to keep to their plans and meet their targets.

Formis Resources Berhad (FRB) received shareholders’ approval for its reverse takeover (RTO) of leading SAP solutions provider, ISS Consulting Solutions Bhd (ISS). The RTO of ISS is via the injection of FRB’s subsidiary Diversified Gateway Berhad (DGB) into ISS.

The RTO is part of a corporate exercise approved by shareholders at the Company’s extraordinary general meeting on 17 March 2010. The proposed corporate exercise has received all the relevant approvals, except for Securities Commission’s approval for the Proposed Dividend-In-Specie and the Mandatory General Offer. After the distribution in-specie, FRB will hold 59.3% of ISS.The distribution of the Proposed Dividend-In-Specie will be implemented upon receipt of the approval from the relevant authorities and in compliance of all the conditions stated.

An entourage of 12 key managers from Formis Group visited HeiTech Village 2 Data Center on 25 Feb, 2010. Lead by its CEO,  Dato’ Mah Siew Kwok, the team was given a very impressive introduction and visit of the data center, which culminated with a sumptuous lunch complete with the auspicious toss of ‘yee sang”.

En Abdul Halim, the CEO of HeiTech Managed Services Sdn Bhd expressed that the visit is not only to introduce their data center and its services but more importantly to foster a closer working relationship with Formis Group. We certainly look forward to meeting that objective and have a great 2010 together.