KUALA LUMPUR: Astro Malaysia Holdings Bhd
has appointed Tunku Ali Redhauddin Ibni Tuanku Muhriz as chairman succeeding Tun Zaki Tun Azmi efficient June 23.
In a press release, Tun Zaki who has served as chairman since its itemizing on Bursa Malaysia in 2012 retires upon the conclusion of Astro’s Tenth Annual General Meeting tomorrow.
Tunku Ali is presently an unbiased non-executive director on the Board.
“I look forward to working with the board and management on the next step of Astro’s journey as we continue to solidify our position in the industry, with our customers at the core.
“On behalf of the Board, I would like to thank Tun Zaki for his leadership and contribution to the Group over the years,” Tunku Ali stated.
Tunku Ali holds a Bachelor of Arts (Hons) in History and Social & Political Sciences from University of Cambridge as effectively as a Masters in Public Administration from the John F Kennedy School of Government, Harvard University.
In 2013, he was recognised as a Young Global Leader by the World Economic Forum, and as an Asia 21 Young Leader by the Asia Society.
Tunku Ali is presently the chairman of Bumi Armada Bhd and Taliworks Corp Bhd and likewise sits on the boards of Bangkok Bank Berhad, and Sun Life Malaysia Assurance Bhd.
As a senior advisor to TPG Capital, he sits on a number of portfolio firm boards together with Pathology Asia Holdings, CVS KL, XCL Education Malaysia, and Columbia Asia.
Separately, Astro posted a web revenue of RM100mil within the first quarter ended April 30, in contrast with RM141.25mil posted in the identical quarter final yr.
Its income for the quarter stood at RM962.1mil, down 9.4% from RM1.06bil a yr prior.
The board of administrators has declared a primary interim single-tier dividend of 1.25 sen per strange share in respect of the monetary yr ending Jan 31, 2023.
The interim dividend will likely be paid on July 20 and the entitlement date for the interim dividend is on July 7.
