KUALA LUMPUR (March 29): TDM Bhd has appointed Zainal Abidin Shariff as group chief executive officer (CEO) of the plantation and healthcare group effective April 1.
The position has been vacant since Datuk Mohamat Muda, 63, retired on Jan 31. Mohamat was appointed to TDM’s board in September 2014 and assumed the role of TDM group CEO on Feb 1 last year.
In the interim, its chief financial officer Amir Mohd Hafiz Amir Khalid was appointed as the officer-in-charge to assume and discharge the duties, roles and responsibilities of the group CEO, which will cease on April 1.
In a filing with Bursa Malaysia today, TDM said prior to taking on the new role, Zainal Abidin, 52, was chief executive of The Incorporated Society of Planters since August last year.
TDM shares closed up 0.5 sen or 3.03% at 17 sen today, with 627,100 shares done, bringing a market capitalisation of RM286.05 million.