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NewsHighlight Mokhzani and KC Yeow resign from SapuraKencana
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Highlight Mokhzani and KC Yeow resign from SapuraKencana
by Cals Thu 05 Mar 2015, 02:47
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Mokhzani and KC Yeow resign from SapuraKencana
By Gho Chee Yuan / theedgemarkets.com | March 4, 2015 : 9:51 PM MYT
UPDATE: KUALA LUMPUR (March 4): Tan Sri Mokhzani Mahathir and his close associate, Yeow Kheng Chew have both resigned from the board of the Sapura Kencana Petroleum Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) today.
In a filing with the local bourse today, SapuraKencana (fundamental: 1.3; valuation: 1.8) said Mokhzani has stepped down from his position as vice chairman, due to personal reason.
"The Board records its appreciation to Mokhzani for his invaluable contributions during his tenure as a member of the board," SapuraKencana said in the filing.
In a separate filing, SapuraKencana also announced that Yeow, 65, who is known to be a close associate of Mokhzani, has also resigned as a non-executive director of the company, due to personal reasons.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
Mokhzani and KC Yeow resign from SapuraKencana
By Gho Chee Yuan / theedgemarkets.com | March 4, 2015 : 9:51 PM MYT
UPDATE: KUALA LUMPUR (March 4): Tan Sri Mokhzani Mahathir and his close associate, Yeow Kheng Chew have both resigned from the board of the Sapura Kencana Petroleum Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) today.
In a filing with the local bourse today, SapuraKencana (fundamental: 1.3; valuation: 1.8) said Mokhzani has stepped down from his position as vice chairman, due to personal reason.
"The Board records its appreciation to Mokhzani for his invaluable contributions during his tenure as a member of the board," SapuraKencana said in the filing.
In a separate filing, SapuraKencana also announced that Yeow, 65, who is known to be a close associate of Mokhzani, has also resigned as a non-executive director of the company, due to personal reasons.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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