Boustead redesignates Ahmad Nazim Rahman as executive chairman

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Boustead redesignates Ahmad Nazim Rahman as executive chairman
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South Koreans hoping to taste authentic North Korean cuisine abroad may be out of luck, with Pyongyang-run restaurants across northern China saying they will refuse to serve their capitalist compatriots.

has redesignated the group’s non-independent non-executive chairman Datuk Ahmad Nazim Abd Rahman as executive chairman effective today, to spearhead its restructuring.

Following the successful takeover by LTAT, BHB’s single largest shareholder, BHB’s stock trading will be suspended on Tuesday before the withdrawal of its listing status from the Official List of Bursa Malaysia Securities, in accordance with paragraph 16.07 of the Listing Requirements. BHB group chief executive officer Izaddeen Daud said the redesignation will bolster the leadership bench of the group - providing strategic guidance and confidence as the group charts a brighter future.

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