KUALA LUMPUR (Oct 7): TH Heavy Engineering Bhd (THHE) has appointed Datuk Johan Abdullah, the deputy managing director and chief executive officer of Lembaga Tabung Haji, as its chairman, effective today.

The appointment of Johan, 58, is to replace Datuk Ghazali Awang, 68, who has been redesignated as the group's non-independent and non-executive director, according to separate THHE filings to Bursa Malaysia today.

Besides his positions in Tabung Haji, Johan holds directorship in BIMB Holdings Bhd, Syarikat Takaful Malaysia Bhd and TH Plantations Bhd.

Meanwhile, Ghazali has also been appointed a member of the group's audit committee, to replace Datuk Seri Mohamad Norza Zakaria who had resigned from the committee.

Separately, THHE said Datuk Seri Mohamad Norza Zakaria, 49, has also resigned from his position as the group's independent and non-executive director due to "other work commitment".

Shares in THHE closed 2.5 sen or 13.51% higher at 21 sen today, for a market capitalisation of RM229.82 million.

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