Another Resignation

Change in Boardroom
Reference No CP-080908-60099
Company Name : PREMIUM NUTRIENTS BERHAD
Stock Name : PREMIUM
Date Announced : 08/09/2008
Date of change : 04/09/2008
Type of change : Resignation
Designation : Executive Director
Directorate : Executive
Name : AB RAHIM BIN MOHD ZAIN
Age : 69
Nationality : MALAYSIAN
Qualifications : Graduate

Working experience and occupation :
1963 - Assistant State Secretary in Perak
1968- Senior Training Officer of the Government Staff Training Centre
1969 - Assistant Secretary of the National Operations Council, Prime Ministers Department
1972 - Assistant Director, Implementation, Coordination and Development Administration Unit of the Prime Ministers Department
1977- Deputy State Secretary of Selangor & the Director of Economic Planning Unit of the State
1978 - Director General of the Socio- Economic Research Unit, Prime Ministers Department
1988 - seconded as the Director General of the Palm Oil Registration and Licencing Authority, Malaysia
He retired from Civil Service in 1994
He was appointed to the Board on 9th April 2003

Directorship of public companies (if any) : TAIKWONG YOKOHAMA BERHAD

Family relationship with any director and/or major shareholder of the listed issuer : NIL

Details of any interest in the securities of the listed issuer or its subsidiaries : NIL

Remarks
En Ab Rahim bin Mohd Zain will be appointed as an Advisor to the Company.

Details from the 2007 annual report


EN. AB RAHIM BIN MOHD ZAIN

En. Ab Rahim Bin Mohd Zain, a Malaysian, aged 69, was
appointed to the Board on 9 April 2003. Prior to that, he
was on the Board of Premium Vegetable Oils Sdn. Bhd.
since 21 November 1994. Since 1 March 2007, he has been
appointed as Executive Director in charge of Research and
Human Resource Development. He was in the Malaysian Civil
Service from 1963 to 1994. He has held position as the Deputy
Chairman of the Malaysian Fisheries Development Authority
and the Director General of the Socio-Economic Research Unit
of Prime Ministers Department. In 1988, he was seconded as
the Director General of the Palm Oil Registration and Licensing
Authority, Malaysia. He retired from civil service in 1994. For
his services in Perak, he was awarded the Paduka Chura
Simanjakini in 1979.



At the senior level resignations generally are given well in advance so replacements are able to be lined up/found. Usually the annoucements are concurrent, with a resignation and the new appointment being announced at the same time. There will be times when the replacement person has to resign from his existing position/job so the announcement of the replacement will only be made at a later date.

Sometimes of course resignations are accepted with immediate effect. If this is the case then the search for a replacement will only have been started.

And of course it is entirely possible that no replacement has been found within the resignation notice period. Senior appointments usually have a notice period of 3 months, sometimes longer.