Sunday 17 Nov 2024
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KUALA LUMPUR (July 21): Westports Holdings Bhd has redesignated its group managing director Datuk Ruben Emir Gnanalingam Abdullah as executive chairman, effective Thursday (July 20).

Ruben, 46, is taking over the position after the demise of the group’s founder Tan Sri G Gnanalingam on July 11, who was also Ruben's father.

The eldest son of the late Gnanalingam started his career in Westports as a trainee in 1999, before he left a year later for his start-up incubator The Makmal Group.

He returned to the port-operating group as a board director in 2005 and was later promoted as its executive director and group chief executive officer prior to his recent posts.

Ruben currently holds 105.64 million shares or a 3.1% indirect stake in the port operator.

Last month, Ruben’s sister Shaline Gnanalingam joined the group’s board as its non-independent and non-executive director.

Shares of Westports settled five sen or 1.39% higher to RM3.65 on Thursday (July 20), valuing the port operator at RM12.45 billion.

Edited BySurin Murugiah
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