Allied Technologies appoints Lim Jin Wei as independent director
He was also appointed as chairman of remuneration committee.
Mr Lim, 42, was also appointed as member of the audit committee and nominating committee.
Mr Lim has been the director of Choon Hua Trading Corporation Sdn Bhd since January 2007 to spearhead various additions and improvement to the company's infrastructure and business of importing and distribution of frozen goods and fast-moving consumer goods in East Malaysia. He started his career as auditor, he managed financial audit of multinationals and local companies in several industries including computers & electronics, shipping, manufacturing, construction, foods and beverages as well as trading and distribution. He also has experiences as independent auditor for Initial Public Offerings of PRC Companies in Singapore including on-site due diligence.
Mr Lim was the CFO of Regal International Holdings Pte Ltd since May 2013 and involved in its Reverse Take Over (RTO) exercise. Upon completion of the RTO, he remains as the CFO of its property division until February 2015. He oversees the finance function of the property division with the assistance of the chief accountant. Some of his key roles and responsibilities include contributing and accounting information, analysis and making recommendations towards strategic thinking and direction of the property division; ensuring sufficient capital and financial resources for the continuation of business operations. He also developed action plans for capital accumulation to fund expansions, ensure financial records are properly maintained for audit purposes, and ensure the timely completion of audit for statutory financial reporting and filing.