Friday 14 Jun 2024
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KUALA LUMPUR (Jan 24): Minetech Resources Bhd on Wednesday announced the departure of two executive directors — Azlan Shah Zainal Arif and Chin Leong Choy — from its boardroom.

Azlan, 42, and Chin, 41, both resigned “to pursue interests in other fields”, according to the group's bourse filings on Wednesday.

This came after the recent emergence of Abang Abdillah Izzarim Abang Abdul Rahman Zohari, son of Sarawak premier Tan Sri Abang Abdul Rahman Zohari Abang Openg, as the largest shareholder of the group.

On Jan 3, the civil engineering specialist, bituminous products manufacturer and emerging player in the solar energy space appointed Abang Abdillah Izzarim as the company’s new executive chairman.

On Jan 16, Minetech announced that its founder and executive director Choy Sen @ Chin Kim Sang, 70, has resigned to spend more time with his family.

Meanwhile, former Minetech non-executive chairman Ahmad Rahizal Ahmad Rasidi, 40, has been redesignated as an executive director.

The company has also appointed Emma Yazmeen Yip Mohd Jeffrey Yip, 29, as an executive director. She is currently finance director at ADAP Capital Sdn Bhd.

Shares in Minetech closed unchanged at 15.5 sen, giving it a market capitalisation of RM266.69 million.

Edited ByS Kanagaraju
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