Khaled Nordin resigns as Boustead chairman

JOHOR BARU: Datuk Seri Mohamed Khaled Nordin has tendered his resignation as Boustead Holdings Bhd chairman.

The Umno vice-president and former Johor mentri besar said Umno had made a resolution to retract support for Prime Minister Tan Sri Muhyiddin Yassin and the Perikatan Nasional government and he would abide by the decision.

"I hereby announce my resignation as the non-independent non-executive chairman of Boustead Holdings Bhd effective Thursday (Aug 5).

"This is to take my responsibility as a party member who will continue to abide by and respect any decision and ruling of the party," he said in a Facebook post on Wednesday (Aug 4).

Khaled thanked the Boustead Holdings' board of directors and management, whom he said showed excellent commitment and cooperation throughout his service as chairman since May last year.

"I am confident and believe the company is on the right track to continue to play a role in contributing to the country's economic development, especially in ensuring continued returns to major shareholder, Lembaga Tabung Angkatan Tentera (LTAT)," he added.

Khaled's resignation comes after Datuk Seri Dr Shamsul Anuar Nasarah resigned as Energy and Natural Resources Minister on Tuesday (Aug 3).

Moments after Dr Shamsul announced his resignation, Umno president Datuk Seri Ahmad Zahid Hamidi revealed that 11 Umno MPs had signed SDs withdrawing support for the Perikatan Nasional government.

The SDs were presented to the Yang di-Pertuan Agong in an undisclosed audience.