<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 3): Apart from resigning from his position as the executive chairman of Opcom Holdings Bhd last Friday, Tan Sri Mokhzani Mahathir had also simultaneously relinquished all his positions in the company and its subsidiaries.</p></div>

<div class=newsTextDataWrapInner><p>“The company wishes to clarify that Tan Sri Mokhzani Mahathir had also simultaneously relinquished all his positions in the company and its subsidiaries,” said Opcom in a filing with Bursa Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>The 58-year-old announced in an exchange filing that his retirement, effective June 1, was due to "personal reasons".</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Mokhzani, who is the second son of the Prime Minister Tun Dr Mahathir Mohamad, was appointed to Opcom's board 10 years ago.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Opcom were down five sen or 8.47% to close at 54 sen today, bringing its market capitalisation to RM87.08 million. Over the past year, the counter has fallen 39% from 88 sen.</p></div>

<div class=newsTextDataWrapInner><p>However, it is interesting to note that the stock price was as low as 32 sen last year, prior to the 14th General Election.</p></div>

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<div class=newsTextDataWrapInner><p><a href="https://www.theedgemarkets.com/article/mokhzani-steps-down-opcom-chairman  https://www.theedgemarkets.com/article/opcom-falls-763-after-mokhzani-steps-down-chairman">https://www.theedgemarkets.com/article/opcom-falls-763-after-mokhzani-steps-down-chairman</a></p></div>


Apart from resigning from his position as the executive chairman of Opcom Holdings Bhd last Friday, Tan Sri Mokhzani Mahathir had also simultaneously relinquished all his positions in the company and its subsidiaries.

“The company wishes to clarify that Tan Sri Mokhzani Mahathir had also simultaneously relinquished all his positions in the company and its subsidiaries,” said Opcom in a filing with Bursa Malaysia

Mokhzani also stepped down from all positions in Opcom group

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<p>Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday at which she spoke about the need to regulate social media to rein in misinformation.</p>


<p>Pasir Bedamar state assemblyman Woo Kah Leong has been elected DAP Socialist Youth (DAPSY) national chief for the 2024–2027 term.</p>


<p>Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim has arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.</p>


<p>A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.</p>


<p>The Malaysian Anti-Corruption Commission (MACC) has summoned five Sabah state assemblymen to provide statements regarding an alleged corruption case involving a mineral project in the state.</p>


<p>Kelantan's Gross Domestic Product (GDP) grew by 2.6% to RM27.6 billion in 2023 compared to RM26.9 billion the previous year, said Menteri Besar Datuk Mohd Nassuruddin Daud.</p>


<p>The National Energy Awards (NEA), which aims to recognise the achievements and best practices of sustainable energy industry players in Malaysia, will be open for submission from Monday (Nov 18) until Feb 19 next year.</p>
