KUALA LUMPUR (Oct 5): LEAP Market-listed Steel Hawk Bhd has appointed Tengku Saifan Rafhan Tengku Putra, a member of the Selangor royal family, as its independent and non-executive director, effective Thursday.

Tengku Saifan, 42, holds a capital markets services representative's license and was once a dealer's representative with Mercury Securities. He is the son of the Sultan of Selangor's cousin, Tengku Datuk Setia Putra Al-Haj Tengku Azman Shah Al-Haj.

"He currently acts as an agent handling private high net worth individuals and corporate clients while providing investment advice and stock recommendations to clients," Steel Hawk's filing showed. He is also a director at Kasturi Media Sdn Bhd, a signboard and advertising contractor and agent.

Also appointed to Steel Hawk's board was former inspector-general of police (IGP) Tan Sri Acryl Sani Abdullah Sani, who is joining as its independent and non-executive chairman.

The 62-year-old Acryl’s appointment came after the company redesignated its former independent and non-executive chairman Haslinda Hussein, 45, to non-executive director.

Acryl also sits on the board of Dagang NeXchange Bhd (DNex) as deputy chairman and on Perbadanan Usahawan Nasional Bhd's board as chairman.

In a separate filing, the group announced the resignations of two executive directors — Datin Annie V Sinniah and Khairul Nazri Kamarudin — and a non-independent and non-executive director, Bibi Rafidah Mohd Amin, due to personal reasons.

Annie, 62, is the spouse of Steel Hawk director Datuk Sharman Kristy Michael, and holds a 10% direct stake and an indirect 22.1% via Sharman.

Steel Hawk also appointed Zariner Ismail, who has over 30 years of experience in various accounting and financial management, as its new independent and non-executive director.

Steel Hawk provides installation, maintenance and supply services of oilfield equipment, as well as engineering, procurement, construction and commissioning (EPCC) services for chemical injection skids and improvement and maintenance of topside oil and gas facilities.

Shares in Steel Hawk, who is seeking to transfer the company's listing to the ACE Market, were last traded at 28 sen on May 10, giving the company a market capitalisation of RM120 million.