PETALING JAYA: Reneuco Bhd
has redesignated its executive chairman, Datuk Mustakim Mat Nun, to group managing director.
In a filing with Bursa Malaysia, the engineering, procurement, construction and commissioning firm said it had also redesignated its non-executive director, Datuk Dr Md Khir Abdul Rahman, to non-executive chairman.
Reneuco said Mustakim (52) currently sits on the board of OHP Capital Sdn Bhd and all its subsidiaries, Grand Deal Vision Sdn Bhd, Loyal Engineering Sdn Bhd and Majestic Offshore Sdn Bhd.
“Mustakim has more than 25 years of experience in investment banking and corporate finance, including undertaking various corporate exercises such as funding transactions of debt and equity (Islamic and conventional), mergers and acquisitions, project financing, corporate restructuring and private finance initiatives projects.”
Meanwhile, Md Khir (78), has held various positions in Bank Negara Malaysia before joining the telecommunications sector in 1996 as managing director of Mejati Technologies Group. In 2000, he was appointed as a director and chief executive officer of Telekom Malaysia until 2004.
