CEO of sugar producer MSM resigns

 The company says Syed Feizal Syed Mohammad is stepping down to pursue personal interests.

Syed Feizal Syed Mohammad’s resignation as group CEO of MSM Malaysia Holdings Bhd is effective tomorrow. (Bernama pic)

KUALA LUMPUR:

 Sugar producer MSM Malaysia Holdings Bhd has announced the resignation of group CEO Syed Feizal Syed Mohammad effective tomorrow.

In a filing with Bursa Malaysia, MSM said Syed Feizal, 60, is stepping down to pursue personal interests after leading the company since February 2021.

MSM also said there were no disagreements between Syed Feizal and the board, and no matters arising from his resignation that required shareholder attention.

It also announced that its group chief operating officer, Hasni Ahmad, 57, will be acting group CEO effective tomorrow.

Hasni, who has a degree in chemical engineering from Clarkson University in the US, has served as MSM’s COO since 2021 and previously held senior operational roles at FGV Holdings Bhd. - FMT