PENANG-BASED Rapid Synergy Bhd, a high precision tools manufacturer for the semiconductor industry and a diversified property investment group, has appointed former deputy inspector-general of police (deputy IGP) Tan Sri Mazlan Lazim as its independent non-executive chairman with immediate effect.
The group has been looking to appoint a permanent chairman for its board since 2016.
Following a thorough selection process, the nomination committee chaired by independent non-executive director (INED) Ching Nye Mi @ Chieng Ngie Chay had recommended Mazlan, 62, who retired from the police force in December 2021 as an ideal candidate to fill the vacancy.
Mazlan has held a long and distinguished career with the Royal Malaysia Police (PDRM). Prior to his retirement from PDRM, he served as the deputy IGP from June to December 2021 under former IGP Tan Sri Acryl Sani Abdullah Sani.
Mazlan had also previously held the position of director of the Bukit Aman Logistics & Technology Department and had been the police chief for Kelantan and Kuala Lumpur.
He also holds a Master of Science in Human Resources Development and a Bachelor’s of Science in Economic Resources, both of which were obtained from Universiti Putra Malaysia (UPM).
“The depth and breadth of experience that TS Mazlan brings to the table would help strengthen the board’s collective capabilities in carrying out its leadership and fiduciary duties,” Rapid Synergy pointed out in a media statement.
The group further noted that Mazlan’s appointment is a reflection of its commitment towards enhancing shareholders’ value in a robust and sustainable manner while embracing high levels of corporate governance.
In addition to Rapid Synergy, Mazlan also sits on the board of Computer Forms (M) Bhd, PRG Bhd and Ho Hup Construction Company Bhd.
At the close of today’s trading, Rapid Synergy was unchanged at RM21.38 with 54,300 shares traded, thus valuing the company at RM2.28 bil. – June 28, 2023
