Appoints Mohd Khamil Jamil As Group MDKUALA LUMPUR, Feb 27 (Bernama) -- DRB-Hicom Bhd has appointed Datuk Mohd Khamil Jamil as the group managing director effective March 1, 2006.
Mohd Khamil, 50, who is the deputy group managing director, will take over the place of Tan Sri Mohd Saleh Sulong who will retire this Wednesday.In a statement to Bursa Malaysia Monday, DRB-Hicom said Mohd Redza Shah Abdul Wahid, 43, has been appointed as group chief operating officer.Prior to joining DRB-Hicom, he was the group chief executive officer (CEO) of Tradewinds Corporation Bhd and acting CEO for Tradewinds (M) Bhd from 2004 to 2005.
The company also appointed Tan Sri Ab Rahman Omar as the executive advisor to the group's automotive and component manufacturing division, as part of its rationalisation exercise to give the company even more agility and dynamism as it embarks on new areas of growth.
In a separate statement meanwhile, DRB-Hicom
said it will be disposing its shares in Hicom-Suzuki Manufacturing Malaysia Sdn Bhd (HSMM) in exchange for cash and shares in Suzuki Motorcycles Malaysia Sdn Bhd (SMM).
It added, the proposal would provide an opportunity for DRB-Hicom
to participate in the assembly, sale and distribution of Suzuki motorcycles in Malaysia.
For the third quarter ended Dec 31, 2005, DRB-Hicom
posted a pre-tax loss of RM165.969 million versus a pre-tax profit of RM64.107 million posted in the same period of 2004.