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7-Eleven names ex-Anwar aide Farhash Wafa Salvador as new chairman

7-Eleven names ex-Anwar aide Farhash Wafa Salvador as new chairman
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Robin Tan resigns as 7-Eleven Malaysia chairman, succeeded by Anwar s ex-political secretary

7-Eleven Malaysia Holdings Bhd chairman Datuk Seri Robin Tan Yeong Ching has stepped down “to pursue other interests”. He is succeeded by Farhash Wafa Salvador, the former political secretary to Prime Minister Datuk Seri Anwar Ibrahim. Tan, the son of 7-Eleven’s major shareholder Tan Sri Vincent Tan Chee Yioun with a 41.8% stake, was appointed to the group’s board as chairman, non-independent non-executive director on Nov 25, 2021.

7-Eleven names Farhash Wafa Salvador new chairman

Maybank, MSM, ATA IMS, Matrix, Dutch Lady, TNB, SimeProp, Media Prima, Kenanga, Berjaya, CTOS, RCE Capital, ES Ceramics, Southern Cable, Tan Chong Motor, Tasco, Tiong Nam Logistics, 7-Eleven Malaysia, Sunway, GenM and Genting

Based on corporate announcements and news flow on Thursday, companies in focus on Friday may include Malayan Banking Bhd (Maybank), MSM Malaysia Holdings Bhd, ATA IMS Bhd, Matrix Concepts Holdings Bhd, Dutch Lady Milk Industries Bhd, Tenaga Nasional Bhd (TNB), Sime Darby Property Bhd, Media Prima Bhd, Kenanga Investment Bank Bhd, Berjaya Corporation Bhd, CTOS Digital Bhd, RCE Capital Bhd, ES Ceramics Technology Bhd, Southern Cable Group Bhd, Tan Chong Motor Holdings Bhd, Tasco Bhd, Tiong Nam Logistics Holdings Bhd, 7-Eleven Malaysia Holdings Bhd, Sunway Bhd, Genting Malaysia Bhd and Genting Bhd.

Berjaya Corp falls as much as 10 23% after Vincent Tan redesignated as non-executive chairman

KUALA LUMPUR (April 6): Berjaya Corp Bhd (BCorp) fell as much as 4.5 sen or 10.23% to 39.5 sen today after Tan Sri Vincent Tan Chee Yioun was redesignated as its non-executive chairman yesterday. At 10.46am today, the counter had pared some losses at 41.5 sen, still down by 2.5 sen or 5.68%. BCorp, the second-most actively traded counter this morning, saw 113.92 million shares change hands. Its share price had been rising since March 16 after it appointed Abdul Jalil Abdul Rasheed as its group chief executive officer (CEO). Despite the drop this morning, the counter was still up by 130.56% from 18 sen on March 16. The group announced yesterday that Tan will be resigning as the executive chairman but remain on the board of directors as the non-executive chairman.

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