BCorp announces changes in boardroom


KUALA LUMPUR: Berjaya Corporation Bhd (BCorp) has announced the appointment of two new non-independent non-executive directors to its board, namely Tunku Tun Aminah Sultan Ibrahim Ismail and Tan Sheik Ling, effective today.

In a filing with Bursa Malaysia today, the group also announced the resignation of two independent non-executive directors, namely Datin Seri Sunita Mei-Lin Rajakumar and Datuk Hisham Othman, effective today.

"Hisham has been appointed as the chief executive officer (CEO) and executive director of BCorp’s related company, Berjaya Assets Bhd (B-Assets) effective July 1, 2022,” it said.

The new line-up and changes in the boardroom, it said, reflected a total of 14 members of the board of directors and nine female directors representing 64 per cent female representation, far exceeding the 30 per cent recommended under the Malaysian Code on Corporate Governance.

Meanwhile, in a separate statement, B-Assets said Hisham has extensive top management experience in various spheres of business such as strategy, investments, operations management, financial management, risk management, project management, quality, marketing and sales, business development, governance, compliance, and stakeholder management.

"Having been a CEO in various industries for many years, Hisham has valuable in-depth experience

in the fields of property development, construction, highways, concessions, infrastructure, automotive, and transportation.

"He is familiar with the project management, design, construction, execution, completion, and maintenance of projects,” it said.

Hisham is a qualified risk director and a member of the Institute of Enterprise Risk Practitioners based in the United Kingdom, as well as a member of Malaysian Institute of Corporate Governance (MICG) and Institute of Corporate Directors Malaysia (ICDM). - Bernama

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Chipmakers drag Wall St lower after Micron's warning
Ringgit ends marginally higher against US dollar
Visa brings Apple Pay to cardholders in Malaysia
Texchem reports over 15-fold profit jump in 2Q, declares 8 sen dividend
Lagenda Properties to buy 422-acre land for RM92mil cash
KLCC REIT's net profit rises to RM165.18mil in 2Q
TNB offers ‘Sinaran Merdeka’ incentive
KLCI ekes out gains as regional markets trade mixed
Oil slips amid chance of Iran nuclear deal supply boost
Manufacturing sales value surges 23.4% to RM153.5bil in June

Others Also Read