PETALING JAYA: Dagang Nexchange Bhd (DNeX) has appointed Dr Bob Wei-Ming Chen and Datuk Robert Fisher to its board of directors effective June 22.
Chen will serve as non-independent non-executive director while Fisher will serve as independent non-executive director of DNeX.
"Their appointments will add significant experience and expertise to support the transformation and future growth of DNeX.
“Chen is expected to lend his expertise in the turnaround efforts of SilTerra Malaysia Sdn Bhd while Fisher will bring his international upstream oil and gas experience to assist in the transformation of Ping Petroleum Limited," group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said in a statement.
Chen currently serves as vice president (VP) and head of semiconductor business group of Hon Hai Technology Group, also known as Foxconn.
He joined Hon Hai Technology Group as VP and special assistant to founder Terry Guo in 2017. He joined Hon Hai semiconductor group in 2019.
Since then he has served on the board of Hon Hai group’s subsidiaries including Sharp, Foxsemicon, Shun Sin Technology, and Socle technology.
Chen has established several semiconductor start-up’s across fields from package to IC design within Hon Hai Technology Group. He has about 30 patents and 40 publications.
Hon Hai Precision Industry Co Ltd’s subsidiary Foxconn Singapore Pte Ltd has emerged as a substantial shareholder in DNeX after purchasing 120 million shares, or 5.03% stake.
Meanwhile, Fisher has some 45 years of experience in the oil and gas industry. He was chairman and managing director of the ExxonMobil subsidiaries in Malaysia from 2003 until 2006, where he oversaw all aspects of ExxonMobil’s business including managing relationships with the Government of Malaysia, joint venturers, Bursa Malaysia and stakeholders.
His significant accomplishments include, on behalf of the ExxonMobil/Petronas Carigali joint venture, successfully developing the unprecedented gas production sharing contract, executed with Petronas in 1998, which anchors reliable natural gas supply for the nation until today.