Khaled Nordin announces resignation as Boustead chairperson
UPDATED 10.16PM | He is the latest Umno man to resign from government posts.
Mohamed Khaled Nordin has announced his resignation as chairperson from government-linked Boustead Holdings Bhd effective Aug 5, 2021.
Boustead had appointed Khaled as the company’s non-independent, non-executive chairperson effective May 1, 2020.
He said that as an Umno member, his decision was based on the party’s withdrawal of support for the Perikatan Nasional (PN)-led government and Prime Minister Muhyiddin Yassin.
“Umno has clearly made a decision to withdraw support for the prime minister and the ruling PN government," Khaled said on his Facebook page on Tuesday.
The Umno vice-president expressed his gratitude to the Boustead board members and management who had given him excellent commitment and cooperation throughout his tenure.
“I am confident and believe the company is now on the right track to continue playing a role in contributing to the country's economic development, especially in ensuring continuous returns to major shareholders, namely, the military retirement fund Lembaga Tabung Angkatan Tentera,” he said.
Meanwhile, in a filing with Bursa Malaysia today, Boustead said prior to being appointed as chairperson, Khaled was the 15th Johor menteri besar between 2013 and 2018, and also the higher education minister between 2008 and 2013.
On Tuesday, after chairing a virtual Umno Supreme Council meeting, party president Ahmad Zahid Hamidi reiterated the party's stand to withdraw support for the PN government and Muhyiddin as prime minister.
Zahid also said that he had presented to the Yang di-Pertuan Agong several statutory declarations by Umno members of parliament who expressed their withdrawal of support for the prime minister.
In a statement today, Boustead said it will soon commence the process of identifying a candidate for the chairperson position.
It said that this would ensure the continued momentum of the group's reinvention strategy of expanding conventional brick-and-mortar businesses towards developing and utilising data analytics, business intelligence platforms, and continuous learning.
- Bernama
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