Nazifuddin Najib has resigned as a director of Harvest Court Industries
Bhd, after a few tumultuous weeks of the company catapaulting from a
little known timber firm to Bursa Saham’s top performer when reports
emerged that the son of the prime minister had come on board.
In
an announcement on the Bursa website today, Nazifuddin, 28, was reported to
have resigned as non-executive director as part of Harvest Court’s
‘change in boardroom and still has 3,982,000 ordinary
shares in the company, or about 1.7 percent of the total shares. Since it was first reported that the company’s share price rose to an
11-year high following his appointment to the board of directors last
month, Nazifuddin and Harvest Court have been at the centre of much buzz.
The share price hit RM2.14 last week, which was 2,575 percent more than the 8sen registered in October and earlier today, it was reported that Harvest Court shares continued to climb to RM1.56, with 1.1 million shares transacted, making it one of the top gainers after it slid the past two days.
In
an announcement on the Bursa website today, Nazifuddin, 28, was reported to
have resigned as non-executive director as part of Harvest Court’s
‘change in boardroom and still has 3,982,000 ordinary
shares in the company, or about 1.7 percent of the total shares. Since it was first reported that the company’s share price rose to an
11-year high following his appointment to the board of directors last
month, Nazifuddin and Harvest Court have been at the centre of much buzz.The share price hit RM2.14 last week, which was 2,575 percent more than the 8sen registered in October and earlier today, it was reported that Harvest Court shares continued to climb to RM1.56, with 1.1 million shares transacted, making it one of the top gainers after it slid the past two days.
No comments:
Post a Comment