KUALA LUMPUR (Feb 9): The former chief executive officer (CEO) of PETRA ENERGY BHD [] Kamarul Baharin Albakri resigned as a director of the company on Wednesday, Feb 8 ahead of the EGM on Thursday to seek his removal.
The integrated brownfield oil and gas service provider said the ordinary resolution was therefore not considered at the EGM.
To recap, on Jan 10, Petra Energy announced that it would hold an EGM following a requisition by a shareholder, Shorefield Resources Sdn Bhd to remove Kamarul with immediate effect.
He was the former CEO and his services were terminated on Dec 20. Despite his removal then, he still remained a director of the company.
The integrated brownfield oil and gas service provider said the ordinary resolution was therefore not considered at the EGM.
To recap, on Jan 10, Petra Energy announced that it would hold an EGM following a requisition by a shareholder, Shorefield Resources Sdn Bhd to remove Kamarul with immediate effect.
He was the former CEO and his services were terminated on Dec 20. Despite his removal then, he still remained a director of the company.
