Pengurusan Danaharta Nasional Berhad Act 1998 · s 5

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s 5The Board

(1)

The board of directors of the Corporation, which shall be responsible for the policy and general administration of the affairs and business of the Corporation, shall comprise the following members who, notwithstanding section 128 of the Companies Act 1965, shall be appointed by the Minister:

(a)

a non-executive Chairman;

(b)

a Managing Director;

(c)

two Federal Government officials;

(d)

three members from the private sector; and

(e)

two members from the international community.

(2)

For the purposes of subsection (1), the Minister may appoint such persons as he thinks fit and proper to act and assist the

Corporation in achieving its objectives.

(3)

The Managing Director shall be the chief executive officer of the Corporation and shall be entrusted with the day-to-day administration of the Corporation.

(4)

The provisions of the First Schedule shall apply to the Board.

Pengurusan Danaharta Nasional Berhad 15