PETALING JAYA: Ranhill Utilities Bhd
’s group chief executive officer Tan Sri Hamdan Mohamad, 68, has resigned from the company with immediate effect.
In a filing with Bursa Malaysia, Ranhill said this follows Hamdan’s resignation as executive chairman and director of the company on Aug 2, after YTL Power International Bhd and a company it owns a majority stake in, SIPP Power Sdn Bhd, completed its takeover of Ranhill.
YTL Power and SIPP Power launched a mandatory general offer on July 9 for Johor-based Ranhill, after it obtained a controlling stake of 53.19%.
