KUALA LUMPUR, Bina Darulaman Bhd, the Kedah state government-linked developer, has appointed Che Abdul Khalid Md Din as its new group chief executive officer (CEO), effective Nov 1.
He will take over from YM Raja Shahreen Raja Othman, whose contract concludes at the end of this month, the company announced in a filing with Bursa Malaysia on Monday.
Che Abdul Khalid brings with him more than three decades of experience in the property development and construction sectors. He currently serves as chief operating officer (COO) of Kulim Technology Park Corp Sdn Bhd (KTPC) — a subsidiary of the Kedah State Development Corporation — a position he will vacate on Oct 31.
During his tenure at KTPC, Che Abdul Khalid played a key role in attracting both foreign and domestic direct investments to Kulim Hi-Tech Park, which saw significant investment inflows of RM10.7 billion in 2022, RM20.1 billion in 2023, and RM32.4 billion in 2024.
He also led the strategic planning and execution of all Build-and-Lease projects, overseeing the full cycle from design and contract negotiation to project completion and client handover.
Prior to his COO appointment, he served as general manager at KTPC from April 2019. His earlier roles include general manager at Darulaman Realty Sdn Bhd (now BDB Land Sdn Bhd, a wholly-owned unit of Bina Darulaman) and Kedah Holdings Sdn Bhd between 2006 and 2008.
Che Abdul Khalid also sits on the board of KSDC Insurance Brokers Sdn Bhd, a fully-owned subsidiary of the Kedah State Development Corporation, a position he has held since August 2023.
Shares of Bina Darulaman closed four sen or 16.67% higher at 28 sen on Monday, giving the company a market capitalisation of RM83.38 million.
