KUALA LUMPUR – Shares of T7 Global Bhd hit a two-year low on Wednesday following the resignation of its executive deputy chairman, Tan Sri Tan Kean Soon.
At the time of writing, the company’s stock tumbled 14 sen or 28 per cent to 36 sen — the lowest level since January 2023.
Despite the sharp decline, T7 Global assured that its operations would remain unaffected by the leadership change. The company emphasized that its executive chairman and largest shareholder, Tan Sri Dr. Nik Norzrul Thani N. Hassan Thani, would continue to lead the group.
The board and management reaffirmed their commitment to maintaining operational efficiency and ensuring business continuity with minimal disruption while focusing on delivering value to stakeholders. -MalayaDailyToday
