TH Heavy Engineering names Izad Shahadi as chairman

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KUALA LUMPUR (Sept 13): TH Heavy Engineering Bhd (THHE) has appointed Izad Shahadi Mohd Sallehuddin as the group's chairman, effective today.

This comes on the heels of Izad's initial appointment to THHE's board as a non-independent and non-executive director on Aug 15.

Izad, 38, has a Masters in Business Administration from the University of Nottingham, and a Bachelor of Science (Honours) in Economics from the London School of Economics and Political Science, according to a bourse filing.

He is currently chief executive officer of Urusharta Jamaah Sdn Bhd.

Shares in THHE closed unchanged at six sen, with 975,100 shares traded, giving it a market capitalisation of RM67.28 million.