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MSM shares remain stagnant on new CEO appointment
Published on: Thursday, July 14, 2016
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Kuala Lumpur: MSM Malaysia Holdings Bhd share price remained stagnant after the company announced the appointment of Mohamad Amri Sahari as Chief Executive Officer (CEO) to replace the late Datuk Sheikh Awab Sheikh Abod.As at 10.37 am, the largest refined sugar producer share price was flat at RM5.01, against a backdrop of subdued market sentiment.

Mohamad Amri was MSM Deputy CEO since March 2011, the group said in a filing to Bursa Malaysia on Tuesday.

Prior to joining MSM, Mohamad Amri was the Acting General Manager, Procurement & Supply Services Department for Felda Palm Industries Sdn Bhd.

MSM operates the sugar business of Felda Global Ventures Holdings Bhd through two operating subsidiaries, MSM Prai Bhd and MSM Perlis Sdn Bhd, as well as a logistics company - MSM Logistics Sdn Bhd and a trading company - MSM Trading International DMCC, in Dubai, United Arab Emirates. – Bernama




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