KUALA LUMPUR (Oct 28): Tan Sri Lodin Wok Kamaruddin, 67, is stepping down as Affin Holdings Bhd deputy chairman with immediate effect, as his contract isn't being renewed. Presently, Lodin is the chairman of Boustead Heavy Industries Corp Bhd, Boustead Petroleum Marketing Sdn Bhd, Pharmaniaga Bhd and MHS Aviation Bhd, as well as the deputy chairman and group managing director of Boustead Holdings Bhd. Lodin also holds directorships in FIDE Forum, Minority Shareholder Watchdog Group, Boustead Properties Bhd and UAC Bhd. He also sits on the board of Affin Hwang Investment Bank Bhd and AXA Affin Life Insurance Bhd. Affin currently holds a 34.51% stake in AXA Affin.

Source: The Edge Markets October 28, 2016 13:05 UTC