Noordin Abbas re-designated as Utusan’s managing director

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KUALA LUMPUR (Jan 2): Utusan Melayu (M) Bhd’s executive director, Datuk Mohd Noordin Abbas, has been re-designated as managing director.

This follows the resignation of the publication firm’s chairman and executive director, Tan Sri Mohamed Hashim Ahmad Makaruddin, with effect from Jan 1.

According to a filing with Bursa Malaysia, the redesignation is a measure to restructure the composition of the Board of Utusan, to be in line with the recommendation of the Malaysian Code of Corporate Governance 2012.

Utusan closed unchanged at 56 sen today, with a market capitalisation of RM62.01 million.