Monday 18 Nov 2024
By
main news image

KUALA LUMPUR (Jan 16): Jentayu Sustainables Bhd has appointed its executive director Baevinraj Thiagarajah as the group's new chief executive officer (CEO) with effect from Monday.

Baevinraj, 48, succeeds Jeefri Muhamad Yusup, who has retired, after holding the CEO post since 2020. 

In a bourse filing, Jentayu (formerly known as Ipmuda Bhd) said Jeefri, 58, holds 16.8 million shares or a 4% stake in the company.

Meanwhile, Baevinraj was appointed as the company’s independent non-executive director in July 2020. He was subsequently re-designated as the executive director in September 2023.

Jentayu’s share price closed up one sen or 0.77% to RM1.31, bringing the company a market capitalisation of RM550 million.

Edited ByS Kanagaraju
      Print
      Text Size
      Share