Change In Boardroom - Tan Sri Mokhzani Bin Mahathir
|Date of change||22 Apr 2021|
|Name||TAN SRI MOKHZANI BIN MAHATHIR|
|Type of change||Redesignation|
|Previous Position||Independent Director|
|Directorate||Independent and Non Executive|
Major/Field of Study
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|
Changes in Redesignation effective on 22 April 2021 upon the conclusion of Maxis Berhad's Twelfth Annual General Meeting ("AGM").
Tan Sri Mokhzani bin Mahathir will relinquish his roles as Senior Independent Director and Chairman of the Audit and Risk Committee upon conclusion of the AGM on 22 April 2021.
Please refer to Media Release "Maxis announces Chairman transition" as announced on General Announcement dated 22 March 2021.
|Company Name||MAXIS BERHAD|
|Date Announced||22 Mar 2021|
|Category||Change in Boardroom|