Jocom Holdings announces executive leadership changes and board appointments

Jocom Holdings Corp. (OTC:JOCM) announced on Friday that its Board of Directors has accepted the resignations of Chief Executive Officer and Director Sew Wen Chean, as well as President, Secretary, Treasurer, and Director Chua Hwee Ping. According to the company’s statement, these resignations were not the result of any disagreement with the company regarding its operations, policies, or practices.

The Board has appointed Loke Weng Chan, age 62, as President, Secretary, Treasurer, Managing Director, and Director. Loke Weng Chan holds a bachelor’s degree in accounting and finance from the University of Malaysia and has prior experience as a unit manager at Aetna Insurance Malaysia and as a founder of Hymajor Auto Parts, which has operated as a branch agent for Denso Japan and handled assembly for Malaysian Land Rover.

Additionally, Dr. Jimmy Loke, also known as Loke Yu, age 75, has been named Chief Executive Officer and Chief Financial Officer. Dr. Loke is a Fellow of the Institute of Chartered Accountants in England & Wales and holds a Doctor of Business Administration degree from the University of South Australia. He has over 50 years of experience in auditing, corporate governance, advisory services, and financial management, and has served as an independent non-executive director for 22 public listed companies. Dr. Loke is the founding president of the Malaysia Independent (LON:IOG) Non-Executive Director Association.

Jocom Holdings Corp. is incorporated in Nevada and its common stock is traded on the OTC Market – Pink Sheet under the symbol JOCM. The information in this article is based on a press release statement contained in the company’s filing with the U.S. Securities and Exchange Commission.

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