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Monday, 08 Feb 2021 08:44 PM MYT Datuk Seri Nazir Razak speaks at media briefing and Q&A session during CIMB 10th Annual Malaysia Corporate Day in Kuala Lumpur in this file picture taken on January 4, 2018. Picture by Yusof Mat Isa Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 8 PLS Plantations Bhd (PLS), a 73.08 per cent owned subsidiary of Ekovest Bhd (Ekovest) said former CIMB chief executive officer and chairman Datuk Seri Mohamed Nazir Abdul Razak will assume the role of non-executive independent chairman effective February 10, 2021. Another former CIMB senior ex-banker, Tan Hong Kheng is also set to join as an independent non-executive director on the same date. ....
KUALA LUMPUR (Feb 8): Datuk Sri Nazir Razak has been appointed as the non-executive independent chairman of PLS Plantations Bhd with effect from Feb 10. Nazir will assume the post from the group s current chairman, Tan Sri Datuk Lim Kang Hoo, who will be redesignated as executive vice chairman of PLS. Lim is also the group executive chairman of Ekovest, which owns a 73.08% stake in PLS. Joining Nazir on the board is another former CIMB senior ex-banker, Tan Hong Kheng, who will join as an independent non-executive director on the same date. Nazir joins the board after the durian planter placed out 19 million new shares to him in a private placement exercise last month. The new shares were issued at 95 sen each. ....