PM extends Prasarana chairman's contract by 2 years to August 2015

KUALA LUMPUR: Prime Minister Datuk Seri Mohd Najib Tun Razak has extended the contract of Syarikat Prasarana Negara Bhd chairman Tan Sri Ismail Adam by two years to Aug 31, 2015. 

Prasarana group managing director Datuk Shahril Mokhtar said on Wednesday Ismail has been instrumental in driving the group's transformation plan.

Appointed as the non-executive chairman on Sept 1, 2011, the former Public Services Department (PSD) director general has played a vital role in the implementation of Prasarana's Go Forward Plan (GFP), which is in its first year of implementation under the five-year second phase called GFP 2.0.

"GFP 2.0 is Prasarana's roadmap for progress and our blueprint in uplifting the standard of the public transport industry in Malaysia especially in realizing the target of 40 percent modal share of public transport by 2020," Shahril said.

The launch of GFP 2.0 saw the creation of four new strategic business units - Rapid Bus Sdn Bhd, Rapid Rail Sdn Bhd, Prasarana Integrated Development Sdn Bhd (PRIDE) and Prasarana Integrated Management and Engineering Services Sdn Bhd (PRIME).

Shahril added: " The next five years would be an exciting journey for us with all our plans for expansion and elevation of the public transport industry clearly mapped out under the GFP 2.0.

"We are looking at expanding the bus services in other state capitals , a new LRT Line between Kelana Jaya and Port Klang and even perhaps, new monorail lines. The leadership of Tan Sri Ismail is undoubtedly very crucial for us," he added.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

Next In Business News

CPO futures tracks weakness in soybean oil
Pestech secures RM64.9m contract for RTS Link
Mohamed Sharil steps down as Privasia chairman
Ringgit ends lower vs dollar amid surge in Covid cases
KLCI closes shade higher but broader market weak
Ryanair posts record loss, expects to break even this year
Hong Leong Bank extends assistance relief plans
Thailand cuts GDP outlook
Taiwan shares slide 3% as fresh Covid-19 outbreaks stoke recovery concerns
Bursa weakens as over 1,000 stocks in the red

Stories You'll Enjoy