Sunway Bhd has appointed Tan Sri Abdul Wahid Omar as an independent and non-executive director, effective immediately, the company said in a Bursa Malaysia filing on Wednesday.
The 62-year-old currently serves as chairman of Cypark Resources Bhd and IOI Corp Bhd. He previously held several key positions, including Minister in the Prime Minister’s Department overseeing the Economic Planning Unit (2013–2016), as well as chairman roles at Bursa Malaysia Bhd and Permodalan Nasional Bhd.
The appointment comes shortly after Sunway’s unsuccessful takeover bid for IJM Corp Bhd, where its cash-and-share offer closed on April 6 with a 33.43% acceptance rate, below the required majority threshold.
Sunway shares ended eight sen or 1.53% higher at RM5.30, valuing the group at RM36.07 billion.
