Perak Corp CEO Aminuddin quits 'to pursue other interests'

Perak Corp CEO Aminuddin quits 'to pursue other interests'
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KUALA LUMPUR (May 28): Perak Corp Bhd's group chief executive officer (CEO) Datuk Aminuddin Md Desa resigned with immediate effect today, "to pursue other interests".

The Perak government-controlled group informed Bursa Malaysia via a filing about the 56-year-old's resignation, who took on the CEO's post on Feb 1, 2013.

Aminuddin is also the CEO of Perbadanan Kemajuan Negeri Perak (PKNP), which holds a 52.9% stake in Perak Corp as at April 16 this year. PKNP is a Perak government agency established in 1967 to boost economic and socio-economic development within the state.

There has been no announcement from PKNP so far as to whether Aminuddin would also be relinquishing his position in the state agency.

Perak Corp's share price fell 5.5 sen or 8.94% to 56 sen today, giving it a market capitalisation of RM56 million.

Year to date, the counter has fallen 56.25% from RM1.28 on Dec 29 last year.