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KUALA LUMPUR: Reliance Pacific Bhd on Wednesday announced the resignation of its long-time chief executive officer Datin Irene Tan and the appointment of Datuk Md Wira Dani Abdul Daim, who recently emerged as a substantial shareholder, as its executive director.
PETALING JAYA: Reliance Pacific Bhd, which operates the famous Avillion Hotel in Port Dickson, has seen a reshuffle in its management following the entry of the family of Tun Daim Zainuddin as the company’s single largest shareholder.
KUALA LUMPUR: Datuk Md Wira Dani Abdul Daim, son of former Finance Minister Tun Daim Zainuddin, has resigned as executive director of Reliance Pacific Bhd effective Thursday, less than a month since his appointment.
KUALA LUMPUR: Reliance Pacific Bhd, which recorded two years of quarterly losses, is seeing the light at the end of a tunnel following the emergence of two new substantial shareholders and some changes in key management.
KUALA LUMPUR: Alliance Financial Group Bhd (AFG), the smallest financial institution in terms of asset size, has dismissed speculation that it is the subject of a merger. The bank, which has seen some changes in shareholding, said it was financially sound and looking to lift its returns to shareholders.