5 days ago
- Business
- New Straits Times
Digistar appoints Zohari Akob as chairman following Zaini Omar's resignation
KUALA LUMPUR: Digistar Corp Bhd has overhauled its boardroom leadership following the resignation of its chairman, Tan Sri Zaini Omar, due to health reasons, according to multiple bourse filings.
Zaini, 76, who served as an independent non-executive chairman, stepped down on May 30. The group cited health issues as the reason for his resignation and said there were no disagreements with the board.
Following his exit, the company appointed Datuk Seri Zohari Akob, 67, as the new independent non-executive chairman. Zohari also assumes leadership of three key board committees including audit, nomination and remuneration.
Zohari brings a wealth of experience from the public and corporate sectors. He began his career at the Economic Planning Unit in the Prime Minister's Department and later served as director of its privatisation section.
Between 2014 and 2018, he was secretary-general of the Works Ministry.
In the corporate sphere, he has held advisory and directorial roles at firms including Naza Engineering & Construction Sdn Bhd, Central Cable Bhd and CIDB Holdings Sdn Bhd.
He is currently an advisor at Rafulin Sdn Bhd and president of two industry bodies, the Malaysian Service Providers Confederation and the Malaysian Association of Facility Management
Meanwhile, other boardroom changes include the appointment of Datuk Ishak Mohamed as a non-independent non-executive director. Ishak, a former secretary-general of the Defence Ministry, has also joined the audit, nomination and remuneration committees.
Following the appointments, the audit and nomination committees now comprise Zohari, Ishak and Thee Kok Chuan. The remuneration committee additionally includes Digistar's group managing director Datuk Wira Lee Wah Chong.
Digistar, listed on the ACE Market of Bursa Malaysia, is involved in multiple sectors including technology, construction, property development, and hospitality.
Its services span information and communication technology systems integration, digital content broadcasting and the development of affordable housing, among others.
At the time of writing, shares of Digistar rose one sen or 25 per cent to five sen, with 4.43 million units traded. This brought the penny stock's market capitalisation to RM31.5 million.
