Tropicana chairman Othman Abd Razak resigns after less than a year on the job

KUALA LUMPUR (June 1): Tropicana Corp Bhd's independent and non-executive chairman Tan Sri Othman Abd Razak has resigned from his position after a little less than 10 months on the job, citing personal commitment.

According to Tropicana's Annual Report 2017, Othman, 69, took on the position of chairman on Aug 21 last year. He first joined the property developer as an independent non-executive director on April 18, 2016.

Othman began his career in the Malaysian administrative and diplomatic service in 1972. He served in various capacities in the Malaysian foreign missions in Asia, Europe and the Middle East. Before his retirement, he served as the director-general in the Prime Minister's Department from 2002 to 2006.

Upon his retirement in 2006, Othman served as an adviser to the prime minister of Malaysia. In this capacity, he was the Malaysian government's chief facilitator in the peace process between the government of the Philippines and Moro Islamic Liberation Front until 2010. During his tenure, he attended several forums and discourses in conflict resolutions, peace mediation and peacekeeping in Europe and the Middle East.

He also initiated several contacts between the Thai authorities and the Patani separatist movements with support from The Organisation of Islamic Conference, and international non-governmental organisations in an attempt to bring peace to the conflict in South Thailand.

Othman was an independent non-executive director of Keretapi Tanah Melayu Bhd from 2006 to 2010. He was also a director of Kumpulan Ikram Sdn Bhd, a wholly-subsidiary of Protasco Bhd, from 2006 to 2007.

Tropicana shares fell 2 sen or 2.27% to close at 86 sen apiece today, with 451,700 shares done, bringing a market capitalisation of RM1.27 billion. — theedgemarkets.com

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