KUALA LUMPUR (Dec 7): Former inspector-general of police (IGP) Tan Sri Mohamad Fuzi Harun has resigned from his role as Inix Technologies Holdings Bhd's independent and non-executive chairman, five days after his appointment.

In a bourse filing, the company announced that Mohamad Fuzi, 61, has resigned effective today to "spend more time on personal interest and ongoing businesses". He was appointed Inix's chairman on Dec 2.

Succeeding the former IGP as Inix's chairman will be Tan Sri Syed Mohd Yusof Tun Syed Nasir. The 73-year-old was previously chairman of YLI Holdings Bhd — a post he relinquished in January.

Currently, he is non-independent non-executive director of property developer Titijaya Land Bhd.

"Tan Sri Syed Mohd Yusof bin Tun Syed Nasir has accumulated vast experience in diverse areas such as property development, construction, media, entertainment, hotel management and hospitality, food and beverage, banking and information technology," a separate bourse filing read.

It is worth noting that Mohamad Fuzi succeeded Macau tycoon Wan Kuok Koi, who resigned as Inix's chairman on Dec 2. Wan was appointed the group's chairman back in August.

Shares in Inix were up by 51.52% or 17 sen at 50 sen apiece, valuing it at RM233.30 million. It saw 494 million shares done.