KUALA LUMPUR: In an announcement to Bursa Malaysia, PETRA PERDANA BHD [] (PPB) clarified that Tengku Datuk Ibrahim Petra has ceased to be a corporate representative of the company to attend general meetings in PETRA ENERGY BHD [] (PEB), an associate company of PPB.
PPB added that Tengku Ibrahim does not represent the company on the board of PEB.
The decision took effect from Feb 5, following the EGM that saw founder Tengku Ibrahim removed as the chairman and executive director of PPB. Tengku Ibrahim remains the chairman of PEB.