Sime Darby Property jumps 7.35% after Zeti appointed chairman

KUALA LUMPUR (July 24): Sime Darby Property Bhd (SimeProp) jumped 7.35% in early trade this morning after it appointed former Bank Negara governor Tan Sri Zeti Akhtar Aziz as its new non-independent and non-executive chairman, effective immediately.

At 9.16am, SimeProp added 10 sen to RM1.46 with 931,800 shares done.

Zeti takes over from Tan Sri Abdul Wahid Omar who had retired from the position at the end of June. Following Zeti’s appointment, Rizal Rickman Ramli will cease to be acting chairman. Rizal is currently a non-independent and non-executive director on the board.
 
Zeti, 70, is also currently group chairman of Permodalan Nasional Bhd. She also serves as a member of the Council of Eminent Persons. — theedgemarkets.com

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