MAHB shares fall after CEO’s departure


MAHB chief operating officer Datuk Mohd Shukrie Mohd Salleh (pic), who joined MAHB on May 1,2019, has been appointed as the acting group CEO with immediate effect.

PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) share price fell 4% to RM7.26 on news of CEO Raja Azmi Raja Nazuddin departing his role on Monday.

Raja Azmi’s resignation came a year after his appointment and marked the second change in MAHB’s management team since the appointment of chief finance officer (CFO) Mohamed Rastam Shahrom on Dec 31, who formerly served at UEM Sunrise Bhd.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 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

Australia employment rebounds in May, jobless rate eases from 4-1/2-year high
South Korean chip shares surge after Micron flags strong AI-related demand
Ringgit opens firmer on stronger investors sentiment, FDI surge
FBM KLCI makes cautious gains as tech rout, Fed outlook weigh on sentiment
Trading ideas: AEON Credit, Mi Tech, Keyfield, Kee Ming, XL, Ann Joo, Sealink, TFP, Ecobuilt, Eckem, SSF
Stark lands US$570mil in one of Europe’s biggest defence rounds
Private sector investments to buoy building sector in 2H26
LB Aluminium cautiously optimistic on profitability
MiTB proposes listing of chip unit on SGX
UWC forecast to deliver stronger performance on robust chip segment

Others Also Read