Petra Energy’s director Nizam Razak resigns


KUALA LUMPUR: Petra Energy Bhd announced on Monday that a director Datuk Mohamed Nizam Abdul Razak, the brother of former prime minister Datuk Seri Najib Tun Razak, has resigned.

The company, in a filing with Bursa Malaysia today, said Nizam is leaving to pursue other business ventures. He owns 29.25 million shares in Petra Energy.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit higher against most major currencies, easier vs US dollar
Trading ideas: EITA, Alam Maritim, Well Chip, UMS Integration, Lianson Fleet, Encorp, Pineapple Resources
Pekat’s prospects brighten on solar job
Bulls seek protection in world’s hottest market
Central banks keep gold bullish long term
Global IPOs unlikely to trigger outflows
MISC’s�carbon capture and storage push deepens with new charter deal
World cup nears, homeless crisis lingers
Jakarta’s commodities reality check
Mah Sing to benefit from DC boom

Others Also Read