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Pos Malaysia, in a statement, said the company is now searching for a suitable replacement. Syed Md Najib was appointed to his post in October 2018, when there was a structural decline in mail volume and a major shift in consumer behaviour towards what Pos Malaysia termed as digitally abled platforms . He is the fifth CEO appointed by the group since the departure of Datuk Seri Syed Faisal Syed Ali Rethza Albar, who relinquished the group managing director cum CEO post in January 2012. Incidentally, Syed Faisal, who is group managing director of DRB-Hicom Bhd, is now Pos Malaysia s non-executive chairman following the resignation of Yasmin Mahmood from the post on April 1 after a two-year term. ....
KUALA LUMPUR (May 11): Based on corporate announcements and news flow today, stocks in focus for tomorrow (May 12) may include the following: Malayan Banking Bhd, FGV Holdings Bhd, Pos Malaysia Bhd, WTK Holdings Bhd, Public Bank Bhd, Bina Darulaman Bhd, Careplus Group Bhd, JF Technology Bhd, Media Chinese International Ltd, and Genting Bhd. Malayan Banking Bhd s (Maybank) 100%-owned subsidiary Maybank Islamic Bhd today announced the buy-back of RM1.5 billion worth of Islamic bonds via private treaty under the latter s Islamic commercial papers and medium term notes programme of up to RM10 billion. FGV Holdings Bhd has appointed Azman Ahmad, who is the group divisional director of logistics & support business, as officer-in-charge to cover the duties and responsibilities of the group chief executive officer (CEO) effective May 16, 2021. ....