KPower up 24.4% after Abdul Karim resigned as chairman - News Summed Up

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KPower up 24.4% after Abdul Karim resigned as chairman


Abdul Karim was appointed to KPower's board on June 28, 2019 and redesignated as its non-independent non-executive chairman on Nov 28, 2019. We remain committed to reinforcing our footing in the renewable energy segment by establishing ourselves as a one-stop centre for renewable energy solutions, serving the entire renewable energy spectrum, including waste-to-energy and wind energy,” he said. Accroding to KPower filing on Monday, Abdul Karim resigned as its chairman “in order to pursue other matters”. Abdul Karim has hogged the limelight ever since Serba Dinamik, which he founded, was embroiled in an audit issue with KPMG. Abdul Karim, who holds a 21.23% stake in Serba Dinamik, also has a 15.23% stake in KPower Bhd and a 24% stake in Sarawak Consolidated Industries.


Source: The Edge Markets December 14, 2021 08:26 UTC



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