Ong Leong Huat retires as Bursa’s director

by **Cals** Tue 07 Apr 2015, 08:42

Ong Leong Huat retires as Bursa’s director

By Yimie Yong / theedgemarkets.com | April 6, 2015 : 5:58 PM MYT

KUALA LUMPUR (Apr 6): Group managing director and chief executive officer of OSK Holdings Bhd Tan Sri Ong Leong Huat is no longer a director of [size=14]Bursa Malaysia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard).

In a filing today, Bursa (fundamental: 2.3; valuation: 1.7) said Ong retired from his position on March 31 as the company’s independent and non-executive director as he did not seek a reappointment at the company’s annual general meeting held on the same date.

According to the filing, besides his leadership of OSK (fundamental: 1.4; valuation: 2.2), Ong is also the managing director of OSK Property Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.3 ; valuation: 3.0).

He is also the chairman of DMG & Partners Securities Pte Ltd, RHB Holdings Hong Kong Ltd and RHB Investment Bank Bhd.

He also holds directorship in RHB Bank Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), KE-Zan Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), OSK Ventures International Bhd and PJ Development Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard).

Bursa Malaysia Bhd rose 17 sen or 2.01% to close at RM8.61 today, giving it a market capitalisation of RM4.6 billion.

(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.)
[/size]