This article has been corrected to state that Fara Nadia Abd Rahim is the sister-in-law of Datuk Fakhri Yassin Mahiaddin, and not his wife as reported earlier. The error is regretted.
KUALA LUMPUR (July 1): Eden Inc’s executive director Datuk Abdullah A Rasol has passed away, the group said in a bourse filing today.
Abdullah, 70, who joined the diversified group in November 2002, had held the position of executive director for corporate affairs since March 1, 2014.
The chartered accountant’s corporate experience spanned over 28 years, having served several companies including as the executive director and chief executive officer (CEO) of Amanah General Insurance Bhd, according to Eden’s website.
Eden operates in several sectors including energy, manufacturing, food and beverage, tourism and property.
Its CEO Fara Nadia Abd Rahim is the sister-in-law of Datuk Fakhri Yassin Mahiaddin, the son of Prime Minister Tan Sri Muhyiddin Yassin.
Fakhri reportedly resigned as non-independent and non-executive director of Eden on Dec 31, 2017.
Fara Nadia owns 8.89 million shares representing a 2.2% stake in Eden, according to Bloomberg data.
At Bursa Malaysia today, Eden shares settled 1.5 sen or 9.09% higher at 18 sen, with 6.15 million units done. This valued the company at RM72.6 million.