PETALING JAYA: Hextar Industries Bhd
has announced the resignation of its chairman Datuk Chan Choun Sien.
In a filing with Bursa Malaysia, Hextar said Chan, 54, had stepped down from his post “due to other commitments.”
Chan was redesignated to the chairman’s post on Oct 22, 2018.
He graduated from the University of Melbourne with a Bachelor of Laws (Hons) and Bachelor of Commerce.
Chan was previously managing director in investment banking of a leading investment bank with over 20 years of experience in corporate finance and investment banking, as well private banking covering South-East Asia. He was named as one of the top 10 investment bankers in Asia (outside Japan) by Brendan Wood International Journal in 2006.For the third quarter ended Sept 30, 2024, Hextar Industries’ net profit dipped to RM11.47mil from RM13.12mil in the previous corresponding period, while revenue rose to RM285.71mil from RM250.68mil a year earlier.
