The shipping company told Bursa Malaysia that Sohaimi, 48, had expressed his intention not to seek a re-election at its AGM on Tuesday in Pulai, Johor.
Sohaimi, who was Pelaburan Mara Bhd (PMB) chairman from 2013 to 2015, joined as PDZ chairman in April 2014 after PMB emerged as a PDZ substantial shareholder. Today, the Mara investment entity remains PDZ’s largest and only substantial shareholder with 23.29% equity interest.
PDZ incurred losses attributable to shareholders in the last four financial years ended Dec 31.
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