PETALING JAYA: Sapura Resources Bhd has redesignated its non-independent non-executive director Reza Abdul Rahim as its executive director and acting managing director (MD), effective today.
Sapura stated that the new appointment follows the issuance of show-cause letters to managing director Shahriman Shamsuddin, who remains “on leave of absence”.
In a filing with Bursa Malaysia today, the company said Reza would temporarily assume the duties, functions, powers and authorities of the MD.With this appointment, the chief corporate officer Mai Eliza Mior Zubir shall cease to be the officer-in-charge of the company effective Oct 10,
it said.
It added that further announcements will be made in the event of material developments on the matter.–FREE MALAYSIA TODAY