KUALA LUMPUR: Pelaburan Mara Bhd, the largest shareholder of shipping agency and vessels operator PDZ Holdings Bhd, intends to remove Aminuddin Yusof Lana as director.

In a filing with Bursa Malaysia yesterday, PDZ said the company has received a notice of requisition for an extraordinary general meeting (EGM) from Pelaburan Mara and Kua Khai Loon, with the intention to remove Aminuddin as its director.

As at Oct 26, 2016, Pelaburan Mara had 23.29% of PDZ.

The requisition notice, which was signed by Pelaburan Mara chief executive officer Ahmad Nazim Abd Rahman and Kua, showed that the two parties will be taking steps to prepare and circulate the notice of the EGM, including the notification to Bursa Malaysia and the placement of advertisement in a nationally circulated daily newspaper.

Pelaburan Mara is a strategic investment and asset management company, wholly owned by Majlis Amanah Rakyat (Mara), a statutory agency of the government of Malaysia.

Kua is an independent non-executive director of printed circuit board manufacturer PNE PCB Bhd, as well as the general manager of precision plastic injection mould manufacturer Sanichi Technology Bhd.

Interestingly, Ahmad Nazim, who oversees Pelaburan Mara’s direct investment, fund management and financial services activities, was the managing director of PDZ from July 2014 to January 2015, before he passed the baton to Aminuddin, who was appointed to the board in April 2013.

Notably, Aminuddin has held directorship roles with a number of public listed companies that are related to influential businessmen Tan Sri Halim Saad and Tan Sri Robert Tan Hua Choon.

He had previously served as director and later group managing director of Renong Bhd from 1990 to 1994 as well as director and group managing director of Faber Group Bhd from 1990 to 1994.

Subsequently, Aminuddin became the managing director of Metacorp Bhd between 1995 and 1996. He was also the managing director of UEM Builders Bhd from 2000 to 2003.

Currently, the 67-year-old Aminuddin sits on the board of Goh Ban Huat Bhd, Scomi Oiltools International Ltd (Bermuda) and Marco Holdings Bhd.

Meanwhile, Pelaburan Mara and Kua also proposed yesterday that Messrs Cheng & Co to be appointed as the new auditors of PDZ for the financial period ending Dec 31, 2016 (18MFY16), replacing the existing auditors, Messrs PKF, which tendered a notice of resignation last Friday.

PDZ in late August changed the company’s financial year end from June 30 to Dec 31.