KUALA LUMPUR (April 4): Suria Capital Holdings Bhd has appointed its group chief executive officer Ng Kiat Min as the group managing director (MD) effective April 1.

In a filing with Bursa Malaysia today, the port services and facilities provider said Ng was the group's chief executive officer (CEO) since July 29 last year, following the demise of the group's MD Datuk Mohd Fowzi Razi on July 12 last year.

Ng, 58, joined Suria Capital in 2001 as the senior manager (corporate development) and had been instrumental in securing the core business such as Sabah Ports through a privatisation exercise during her tenure.

Upon the success of the privatisation, she was appointed as the general manager (corporate services/finance) for Sabah Ports Sdn Bhd.

On June 2, 2010, she was appointed as the chief financial officer of Suria Capital before helming the CEO post.

Shares in Suria Capital rose one sen or 0.44% to close at RM2.29, for a market capitalisation of RM659.94 million.