Hextar Technologies surges 10% on board appointments

Hextar Technologies surges 10% on board appointments

Ex-Bank Negara Malaysia governor Muhammad Ibrahim appointed as non-executive chairman.

Hextar Technologies’ share price jumped after it announced a slew of corporate appointments today. (Bernama pic)
PETALING JAYA:
Hextar Technologies Solutions Bhd’s shares jumped by 9.97% at midday following a corporate development within the group.

At 12.30pm, its shares surged by RM1.70 to end the morning session at RM18.76, with 288,700 shares traded.

In a filing with Bursa Malaysia today, the group announced the appointment of former Bank Negara Malaysia governor Muhammad Ibrahim as its new independent non-executive chairman.

The group has also appointed Ong Choo Meng as the group CEO and executive director as well as Choo Joon Keong as the group deputy CEO and executive director.

Hextar Technologies is involved in logistics services, warehousing and trading of building materials, and is also a provider of information and communications technology solutions and services, among others.

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