Iris active, rises 9.09% after Hamdan retires as deputy MD

KUALA LUMPUR (Sept 7): Iris Corp Bhd rose 9.09% in active trade this morning the company said Datuk Hamdan Mohd Hassan had retired as deputy managing director, a position he held in the company since Aug 27, 2013. He also served as acting CEO between Nov 2016 and Jan 2017.

At 9.12am, Iris rose 1.5 sen to 18 sen with 9.50 million shares traded.

On Jan 20 this year, Hamdan was nabbed by the Malaysian Anti-Corruption Commission following allegations of graft relating to an e-passport contract with the Republic of Guinea worth RM739.21 million. — theedgemarkets.com

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