DELEUM

1.370

-0.02 (-1.4%)

OTHERS DELEUM BERHAD - Mutual Separation Agreement with Group Managing Director

DELEUM BERHAD

Type Announcement
Subject OTHERS
Description
DELEUM BERHAD
-	Mutual Separation Agreement with Group Managing Director

The Board of Directors of Deleum Berhad (“Deleum” or the “Company”) wishes to inform that Deleum and the Group Managing Director, En Nan Yusri bin Nan Rahimy, have entered into a Mutual Separation Agreement dated 30 March 2021 whereby the parties have mutually agreed to an early cessation of the Employment Contract of En Nan Yusri.

 

En Nan Yusri will cease as the Group Managing Director and cease all his executive functions and positions in the Deleum Group of Companies with effect from the conclusion of the forthcoming 16th Annual General Meeting (“AGM”) of the Company, the date of which will be announced later. En Nan Yusri will move on to pursue other endeavours.

 

En Nan Yusri, who retires by rotation in accordance with Clause 88 of the Company’s Constitution, had notified his intention not to seek re-election at the 16th AGM of the Company. Hence, he will retire as a director at the conclusion of the 16th AGM.

 

 

This announcement is dated 30 March 2021.






Announcement Info

Company Name DELEUM BERHAD
Stock Name DELEUM
Date Announced 30 Mar 2021
Category General Announcement for PLC
Reference Number GA1-30032021-00009