Sunday 20 Sep 2026
main news image

KUALA LUMPUR (Oct 14): NexG Bhd (KL:NEXG) said Tan Sri Mohd Khairul Adib Abd Rahman has stepped down as its executive deputy chairman, less than six months after assuming the post.

Mohd Khairul Adib, 63, resigned with effect from Oct 14 to pursue other interests, said the company, formerly known as Datasonic Group Bhd, in a bourse filing.

He was appointed as NexG's independent non-executive director in November 2024 and was later redesignated as executive deputy chairman on March 28, 2025, according to the company's latest annual report.

He owns an indirect stake of 12.305% or 441.36 million shares in NexG through his shareholdings in Kuantum Juang Sdn Bhd and Skyelimit Alliance Sdn Bhd.

Mohd Khairul Adib is currently a board member of Westports Holdings Bhd (KL:WPRTS).

He previously served as Public Service director general from October 2019 to January 2022.

In a separate filing, NexG announced the resignation of Datuk Puvanesan Subenthiran, 49, as its executive director, effective Oct 14.

NexG’s share price closed down four sen or 8% to 46 sen on Tuesday, giving the company a market capitalisation of RM1.71 billion. The stock has more than doubled from this year’s low of 22 sen in April.

Edited ByS Kanagaraju
      Print
      Text Size
      Share