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
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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.
Durian planter PLS appoints Nazir Razak as new chairman thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Upgrade highlights advances for SABECO 19:30 | 14/12/2020
The Saigon-Quang Ngai brewery held SABECOâs new expansion capacity breaththrough event last week
The corporation (SABECO) on December 9 held a ceremony for the latest stage of the Saigon-Quang Ngai Brewery capacity expansion project in the central province of Quang Ngai, at Quang Phu Industrial Zone.
The event was part of a wider project that was kick-started at the Cu Chi, Quang Ngai, and Soc Trang breweries to optimise operating expenses, increase efficiency in the breweryâs operation activities, and meet growing market demand.
The brewery capacity expansion scheme started with the total investment of VND650 billion ($28.2 million) over three years from 2019, focusing on upgrading infrastructure, investing on supporting equipment for manufacturing, and other utilities. Factors to ensure a sustainable business environment are also being focused on, such as upgrading the A-Grade