T7 Global Bhd has announced the resignation of Tan Sri Tan Kean Soon from his position as executive deputy chairman, citing personal reasons. The board of directors has accepted his resignation, effective immediately.
Tan, a veteran in the oil and gas industry with over 30 years of experience, holds a direct stake of 8.215% in T7 Global, along with an indirect stake of 4.812%, as per recent Bursa Malaysia filings.
Despite the leadership transition, the company has assured stakeholders that operations will continue smoothly under the leadership of Tan Sri Dr. Nik Norzrul Thani N Hassan Thani, the executive chairman and largest shareholder.
“The board and management remain committed to overseeing the company’s operations, ensuring business continuity and sustained value creation for stakeholders,” T7 Global stated.
Nik Norzrul Thani expressed appreciation for Tan’s contributions and reaffirmed the company’s commitment to its long-term strategic direction.
Established in 2004, T7 Global is a leading provider of energy and industrial solutions, serving various industries across Asia, including oil and gas, aerospace, and general manufacturing. The company remains confident in its business fundamentals and long-term growth prospects.
As T7 Global moves forward, it continues to focus on a disciplined approach to business while striving for consistent growth and value delivery.