KUALA LUMPUR (Aug 26): TH Heavy Engineering Bhd has appointed Suhaimi Badrul Jamil as chief executive officer (CEO) of the company effective Sept 1, replacing Nusral Danir, 59, who has tendered his resignation due to personal reason.

Suhaimi, 53, is currently the chief financial officer of TH Heavy. He also holds directorship in Protasco Bhd.

In a filing with Bursa Malaysia today, TH Heavy said Suhaimi started his career with HRM Arthur Andersen, Chartered Accountants in the audit and financial consulting department. He left to join the corporate world and went on to be appointed as a group financial controller, group general manager and finally as a group executive director for a Malaysian conglomerate whose activities included property development, transportation, insurance and banking, plantation, construction, manufacturing and investment holdings.

"He then went on to start his own business and has been involved in various start-ups covering diverse areas including education, international trading, agriculture, manufacturing, mining and private equity.

"Apart from this, he was also a special administrator for Pengurusan Danaharta Nasional Bhd," it added.

Shares in TH Heavy closed unchanged at 18 sen today for a market capitalisation of RM207.4 million