Professional Documents
Culture Documents
Financial (PICORP)
Financial (PICORP)
Understanding Firm,
Industry & Market Profile:
PROGRESSIVE IMPACT
CORPORATION BERHAD
5 Audit Related 5
REFERENCES 6
1.0 Information about company
The Group provides its services to various governmental bodies as well as to the private
sectors which are involved in the oil and gas, energy, petrochemicals, food manufacturing,
industrial and manufacturing, properties developers and construction sectors locally and
internationally. Our group is a well-established participant in the Malaysian environmental
market in the segment of instruments and monitoring systems and laboratory testing services,
holding a market share of approximately 20%.
1.0 Corporate Governance
BOARD OF DIRECTORS
Age Race Position
Datuk Abdul Hamid 68 Malay Chairman, Senior Independent Non-Executive Director,
bin Sawal Chairman of Nominating Committee, Member of Audit
Committee, Member of Remuneration Committee
Dato’ Dr. Lukman bin 51 Malay Independent Non-Executive Director, Chairman of Audit
Ibrahim Committee, Chairman of Remuneration Committee, Member
of Board Risk Management Committee, Member of
Nominating Committee
Zaid bin Abdullah 65 Malay Executive Deputy Chairman
Zaidah binti Mohd 63 Malay Non-Independent Non-Executive Director, Member of Audit
Salleh Committee
Dato’ Hajjah Rosnani 62 Malay Independent Non-Executive Director, Member of Nominating
binti Ibarahim Committee, Member of Remuneration Committee, Chairman
of Risk Management Committee
Lee Weng Chong 60 Chinese Independent Non-Executive Director
Usamah bin Zaid 33 Malay Executive Director
Fatimah Zahrah binti 32 Malay Alternate Director to Zaidah binti Mohd Salleh
Zaid
Broad Meetings
Board meetings are scheduled in advance and an annual meeting calendar is circulated to all
Directors at the beginning of the new financial year to enable Directors to plan ahead and fit the
year’s meetings into their own schedules. The Board meets at least four times a year, once in
every quarter.
During the financial year ended 31 December 2016, the Board met five times on the following
dates:
Johar Yusuf
Group Chief Executive Officer || Age 52, Male, Malaysian || PROGRESSIVE
IMPACT CORPORATION BERHAD
Johar bin Yusof was appointed as Group Chief Executive Officer of the Company on
14 January 2011. He graduated with a Bachelor in Electrical Engineering from
University of Miami, Florida, USA and Master in Business Administration (Finance)
from International Islamic University of Malaysia.
He started his career with Texas Instruments (M) Sdn Bhd as Project Engineer and
Training Coordinator. He joined Invensys Software System (S) Pte. Ltd. in 1999 as the
Sales Account Manager for Chemical, Oil & Gas Industry. He has vast experience in
oil & gas industry especially in project management and business development.
He then joined Foxboro (Malaysia) Sdn Bhd in 2003 as the General Manager before
he was promoted as the Managing Director of Progressive Impact Technology Sdn
Bhd in 2006. He was also the Group Managing Director of PJBumi Berhad from 2008
till 2011.
Johar has direct shareholding of 1,523,000 (0.231%) ordinary shares in the Company.
He has no family relationship with any Director and/or major shareholder of the
Company. He does not hold any directorships in public companies and listed issuers.
3.0 About Ownership
DIRECTOR OWNERSHIPS
Name No. of Shares Percentage
(%)
Zaidah Binti Mohd Salleh 7,063,400 1.075
Johar bin Yusof 1,523,000 0.231
Lee Weng Chong 1,050,000 0.159
Zaid bin Abdullah 47,925,100 7.297
PUBLIC OWNERSHIPS
GOVERNMENT OWNERSHIPS
FOREIGN OWNERSHIPS
REFERENCES:
1. Bursa Malaysia (2017). Listed Companies: Pineapple Resources Berhad
(0006). Retrieved on October 14, 2017, from URL:
http://www.bursamalaysia.com/market/listed-companies/company-
announcements/5412701
2. Progressive Impact Corporation Berhad . Retrieved on October 14, 2017,
from URL: http://www.picorp.com.my/