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Pertama Digital CEO Resigns

The Malaysian Reserve ·  Nov 9, 2023 12:08

Pertama Digital Bhd has announced the resignation of its CEO, Saifullah Akhtar, citing personal interests as the reason for his departure.

Saifullah, who took on the role in December, previously held the position of director of strategy in 2021.

He is the son-in-law of Pertama Digital's ED and substantial shareholder, Sabri Ab Rahman.

In August, the company sought a 12-month extension, with a deadline of August 9, 2024, to submit its regularisation plan to authorities.

This request followed the reclassification of the company as an 'affected listed issuer' due to the sale of its China-based textile subsidiary, Be Top Group Ltd, to transition into a pure-play digital services provider.

Pertama Digital operates the MyPay mobile app, consolidating Malaysian government e-services, and the eJamin website app for electronic payments of criminal court bails.

Pertama Digital's share price closed 1.98% lower at RM3.96 today, with a market capitalisation of RM1.74 billion.

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