KUALA LUMPUR (Nov 2): Kamal Abdul Aziz, one of the newly appointed executive directors of Wintoni Group Bhd who joined its board on Sept 10, has resigned from his post with the industrial automation systems provider.

In a filing with the exchange today, the 45-year-old director, who is also a full-time stock trader according to Wintoni's filing in October, cited needing more time for his own business and to pursue other personal commitments as the reasons behind his resignation.

Kama was appointed to the board following the en masse resignation of the former board of directors after 10 minority shareholders requisitioned for an extraordinary general meeting to remove the whole board in August.

Following that, former chairman Datuk Khairuddin Mat Yusof, together with two executive directors, including Datuk Tey Por Yee, and four independent directors and chief executive officer Choong Siew Meng, had all resigned.

The company had then appointed former Agriculture and Agro-based Industry deputy minister Datuk Seri Mohd Shariff Omar, six directors and two executive directors, including Kamal, to the board.

On Oct 19, the company was issued an unusual market activity query over a spike in its share price and volume, to which the company replied that it was unaware of any explanation behind the jump in its share price and volume.

Wintoni's counter was trading unchanged at 18.5 sen at 2.30pm, giving it a market capitalisation of RM94.9 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.)