business

Westports redesignates Ruben Gnanalingam as executive chairman

KUALA LUMPUR: Wesports Holdings Bhd has redesignated its group managing director Datuk Ruben Emir Gnanalingam Abdullah as executive chairman.

The move follows the demise of founder and executive chairman Tan Sri G Gnanalingam on July 11. He was 75.

Following the redesignation, Ruben, who is the eldest son of Gnanalingam, will hold the post of group managing director and executive chairman.

Gnanalingam's daughter and Ruben's sister Shaline Gnanalingam was appointed as a non independent, non executive director in Westports on June 9, 2023.

Shaline serves as the Chief Investment Officer at Pembinaan Redzai Sdn Bhd, a major shareholder of the Westports since 2008.

Westports' share price was up 1.39 per cent to close at RM3.65 a share today.

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