Thursday 28 Mar 2024
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This article first appeared in The Edge Financial Daily, on July 27, 2016.

 

KUALA LUMPUR: Puncak Niaga Holdings Bhd has appointed Azlan Shah Rozali as acting managing director (MD) of the company effective Aug 3, replacing Datuk Syed Hisham Syed Wazir, who is resigning due to health reasons.

In a filing with Bursa Malaysia yesterday, Puncak Niaga said Azlan Shah, 30, will cease to be the alternate director to executive chairman and major shareholder Tan Sri Rozali Ismail on the same day. Azlan Shah is the eldest son of Rozali.

Syed Hisham, 62, assumed his current position as MD on Nov 6 last year.

He has held vast exposure in the motor industry at the senior management level. He started his career in the automotive field in 1983, when he joined Hicom Bhd and was later seconded to Perusahaan Otomobil Nasional Bhd as deputy marketing service manager, before serving the business division of the company as senior manager.

Puncak Niaga shares closed unchanged at RM1.10 yesterday, bringing a market capitalisation of RM491.97 million.

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