KUALA LUMPUR: IOI Corporation Berhad has announced the appointment of Tan Sri Abdul Wahid Omar to its board as a senior independent and non-executive director, effective 16 June 2025.
The announcement, made on Friday, follows Abdul Wahid’s recent appointment as chairman of Cypark Resources Berhad. His addition to the IOI board is expected to bring valuable governance experience and strategic insight to the group.
Abdul Wahid previously served as chairman of Bursa Malaysia Berhad, stepping down from the role on 30 April 2025. His relationship with the stock exchange spans over a decade, having first served as an independent director from 2004 to 2011 before returning as chairman in May 2020.
At market close on Friday, IOI Corporation’s shares rose by one sen or 0.28% to RM3.61, giving the group a market capitalisation of RM22.69 billion.
-The Edge Malaysia
