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New Chairman for Boustead Heavy Industries

KUALA LUMPUR (Dec 2): Today, Boustead Heavy Industries Corp Bhd (BHIC) announced Tan Sri Ramlan Mohamed Ali as the company’s non-executive chairman.

BHIC released a statement and said, Ramlan’s appointment was effective yesterday (Dec 1). “We are confident that Ramlan will help steer the BHIC Group towards a path of growth to deliver optimal value to our shareholders,” BHIC said.

Ramlan was appointed as BHIC non-independent non-executive director on July 10, 2019, and has been a director of Lembaga Tabung Angkatan Tentera, which holds an 8% stake in BHIC, the group said.

“He was appointed as the 14th Chief of the Royal Malaysian Navy (RMN) on Nov 15, 2006. He joined RMN in 1970 and held numerous command and staff appointments in the RMN and Malaysian Armed Forces in an illustrious career as a serviceman.

He retired on July 18, 2008, after four decades of stellar service to the nation,” BHIC said.

Ramlan takes over the post of BHIC chairman from Tan Sri Ahmad Ramli Mohd Nor, who resigned on Saturday (Nov 30).

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