KUALA LUMPUR (March 6): Amir Nashrin Johari has been appointed as an executive director of CI Holdings Bhd, and a non-independent and non-executive director of KUB Malaysia Bhd, effective from Wednesday.
Amir, 30, is the son of Plantation Industries and Commodities Minister Datuk Seri Johari Abdul Ghani.
Johari, through his investment vehicle JAG Capital Holdings Sdn Bhd, holds stakes of 32.96% in CI Holdings and 33.28% in KUB, according to bourse filings by the two listed companies.
Amir, meanwhile, is also a director of JAG and several other companies, including Central Cables Bhd (an 86.65% stake in which JAG wants to inject into KUB), Continental Resources Sdn Bhd and Palmtop Vegeoil Products Sdn Bhd.
Johari in December last year relinquished his chairman's post at KUB and CI Holdings, following his appointment to the Cabinet.
Amir, who holds a degree in accounting and finance from Oxford Brookes University, has previously worked in the financial assurance departments of EY Malaysia and KPMG Malaysia from 2014 to 2017.
“He has spent the past nine years in various management and executive roles in different industries and companies, including audit and management consulting, various technology-based start-ups, private investment companies, and a public cable manufacturing company in Melaka.
“His roles covered corporate finance, strategy management, asset management, credit control, business development, accounting, treasury and information systems,” said CI Holdings and KUB in their respective filings.
CI Holdings shares finished down four sen or 1.43% at RM2.75 on Wednesday, valuing the group at RM445.5 million. The stock has fallen 26.67% over the past one year.
Meanwhile, KUB fell half a sen or 0.83% to 59.5 sen, with a market capitalisation of RM331.1 million. The stock has gained 16.67% over the past one year.