Supermax appoints new chairman

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KUALA LUMPUR (Oct 11): Supermax Corp Bhd has appointed Australian national Albert Saychuan Cheok as its new independent and non-executive chairman effective Oct 19.

Cheok, 68, assumes the position after it was left vacant following the resignation of Tan Sri Rafidah Aziz six months ago.

In a filing with Bursa Malaysia today, Supermax said Cheok has extensive experience in the Australian Government, having been the chief manager at the Reserve Bank of Australia from October 1988 to September 1989. He also served as chairman of Bangkok Bank Bhd in Malaysia from September 1995 to November 2005.

Shares of Supermax closed up 11 sen or 3.99% to RM2.87 today, with 8.88 million shares done, for a market capitalisation of RM1.88 billion.