TDM CEO Mohamat Muda’s contract expires

TheEdge Thu, Jan 31, 2019 11:19pm - 5 years View Original


KUALA LUMPUR (Jan 31): Plantation and healthcare company TDM Bhd announced that the contract of its group chief executive officer(CEO) Datuk Mohamat Muda, 63, expired today.

Mohamat was appointed to TDM’s board in September 2014 and assumed the role of TDM CEO on Feb 1 last year.

In a filing with Bursa Malaysia this evening, TDM said that in order to fill in the void in key management leadership, its chief financial officer Amir Mohd Hafiz Amir Khalid has been appointed as the officer in charge to assume and discharge the duties, roles and responsibilities of the group CEO with effect from Feb 1 until further notice.

The board is also currently undertaking the process of identifying and selecting a new group CEO and thereafter will make the appropriate announcement accordingly.

TDM shares closed unchanged at 18 sen today, for a market capitalisation of RM302.8 million.

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