KUALA LUMPUR (Sept 25): See Ah Sing, group managing director (MD) of Avillion Bhd, formerly known as Reliance Pacific Bhd, has stepped down from his post, citing retirement.

According to Avillion's Annual Report 2017, See, 58, was appointed to the board of directors on Nov 28, 2014 as an independent non-executive director. He was subsequently appointed as an executive director on April 22, 2015 and redesignated as group MD on Oct 10 last year.

See joined the Malaysian civil service in 1984, serving in various ministries, including housing and finance and the economic planning unit. He was the chief executive officer of Pantai Fomema for three years. He was also the executive director of Protasco Bhd.

As at today, he has indirect shareholdings of 248.18 million shares in Avillion.

Avillion shares closed up 0.5 sen or 1.56% to 32.5 sen today, with 15,000 shares done, bringing it to a market capitalisation of RM279 million.