Majuperak group CEO on garden leave ahead of contract expiry

The group CFO Syed Agil has been appointed as the acting CEO to manage the company’s day-to-day management during this period of time

by AUFA MARDHIAH / pic source from

MAJUPERAK Holdings Bhd group CEO and ED Nizran Noordin (picture) was given a garden leave effective Sept 2 ahead of his contract expiration on Oct 31.

As such, the group CFO Syed Agil Syed Hashim has been appointed as the acting CEO to manage the company’s day-to-day management.

With a Master of Business Administration in Finance and Bachelor’s Degree Accounting from International Islamic University Malaysia, as well as 20 years of experience in senior management, corporate, finance, funding, business planning, and auditing in the accounting and corporate services profession, Syed Agil was part of several big corporations previously.

In 1995, he was KPMG (Kuala Lumpur) senior audit and audited various industries including manufacturing, trading, oil and gas, hotel and public listed companies.

Following that, he joined Multimedia Development Corp as finance manager for six years before joining the Malaysian Biotechnology Corp in 2006 as CIO.

In 2021, he joined Perak State Development Corp as deputy CEO prior to joining Majuperak on July 1, 2022, as the group corporate finance GM.

According to the company’s annual report, Nizran has 400,000 ordinary shares in the company’s security holdings. Previously, Nizran was Perak Mentri Besar’s private secretary, Epiweb Sdn Bhd ED, AmInvestment Bank Bhd corporate finance assistant manager, as well as Park May Bhd internal audit executive.


Recent Posts

Budget 2023 to prioritise equitable growth centred on social justice

Budget 2023 will prioritise economic growth based on careful spending and equitable development centred on social…

4 mins ago

CelcomDigi, TIME dotCom to offer affordable internet access

CelcomDigi supports the government’s aspirations to reduce the cost of living, primarily for Internet services…

10 mins ago

Starting school at 8am not MOE’s priority for now, says Fadhlina

The issue of starting school sessions in the Peninsula at 8 am is not the…

30 mins ago

Samsung launches Galaxy S23 Ultra with most advanced 200MP camera

Samsung Galaxy S23 Ultra equipped with 200 megapixels (MP) main camera offers the most advanced…

50 mins ago

For Mankind’s sake, remember that anniversary

The depth of our intelligence hinges on our ability to remember things but technology advancement…

1 hour ago

Total says Adani exposure is just 2.4% of capital employed

France’s TotalEnergies SE said its exposure to Adani Group companies was $3.1 billion of capital…

2 hours ago