KUALA LUMPUR (Oct 30): TRIplc Bhd has appointed Yusof Badawi as its new managing director (MD) replacing Zainal Abidin Ismail who has retired.

Zainal Abidin's retirement and Yusof's redesignation from deputy MD to MD takes effect on Nov 1.

Prior to his appointment, Yusof was the chief executive officer/executive director of Merge Energy Bhd from year 2003 to year 2011. He was also the executive director of Syarikat Bekalan Air Selangor Sdn Bhd from year 2011 to year 2015.

Yusof has 29 years of experience in the construction industry at various levels including at Senior Management and Board level and has been actively involved in management and implementation of various construction, infrastructure, housing development, waterworks and infrastructure maintenance project.

Meanwhile, Zainal Abidin, 60, was appointed to the board of TRIplc on Jan 1, 2011. He was the MD of construction company Pembinaan Era Dinamik Sdn Bhd prior to his appointment at TRIplc.

Zainal Abidin has over 37 years of working experience in civil engineering works, building works and property development. He began his career with Felcra in 1976 as a technical assistant.

TRIplc shares closed one sen or 0.65% lower at RM1.54, with a market capitalisation of RM100.27 million.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)