Change In Boardroom - Tan Sri Mokhzani Bin Mahathir

Back Oct 11, 2021
Date of change 18 Oct 2021
Age 60
Gender Male
Nationality Malaysia
Type of change Redesignation
Previous Position Independent Director
New Position Non-Independent Director
Directorate Non Independent and Non Executive


Major/Field of Study
Additional Information
Bachelor of Science in Petroleum Engineering
University of Tulsa, Oklahoma, USA


Working experience and occupation

He began working in 1987 as a wellsite operations engineer with Sarawak Shell Berhad. In 1989 he left Shell to pursue business opportunities in Kuala Lumpur. Over the course of 5 years, he ventured into the plastics and electronics components manufacturing, oil and gas, finance and healthcare sectors. He held positions as the Group CEO and Executive Chairman in several public listed companies in Malaysia and Singapore, including Tongkah Holding Berhad, Pantai Holdings Berhad and Goldtron Limited. Following the 1998 Asian Financial Crisis, he undertook a divestment exercise which saw him relinquish all positions and equity in these companies. By 2001, he replenished his portfolio of investments to include businesses in IT, oil and gas support services, structural steel engineering and fabrication, the automotive sector and property development. He was Group CEO of Kencana Petroleum Berhad and later non-independent Executive Vice-Chairman and Director of SapuraKencana Petroleum Berhad, up to 4 March 2015. He was also the Chairman and Chief Executive Officer of Opcom Holdings Berhad up to 1 June 2019.

Through his family office, Kencana Capital Sdn. Bhd., he maintains investments in IT, property, agriculture and food industry and the automotive sector. He was Chairman of Sepang International Circuit Sdn. Bhd., for 13 years until 2017. He is currently President of Motorsports Association of Malaysia, governing body for all FIA, FIM and CIK sanctioned events in Malaysia.

Family relationship with any director and/or major shareholder of the listed issuer None
Any conflict of interests that he/she has with the listed issuer None
Details of any interest in the securities of the listed issuer or its subsidiaries 750,000 ordinary shares 1,000 deemed interest in shares of the Company held by spouse pursuant to Section 59(11)(c) of the Companies Act 2016



Remarks :

Redesignation from Chairman/Independent Non-Executive Director to Chairman/Non-Independent Non-Executive Director.

As previously disclosed on page 85 of the Maxis Berhad Integrated Annual Report for financial year ended 31 December 2020, Tan Sri Mokhzani Bin Mahathir would has served a cumulative 12-year tenure as Independent Director on 17 October 2021 following which he will then revert to being a Non-Independent Non-Executive Director.


Announcement Info

Stock Name MAXIS
Date Announced 11 Oct 2021
Category Change in Boardroom
Reference Number C03-30092021-00010