KUALA LUMPUR (March 31): Tan Sri Mohd Annuar Zaini has been appointed as the new chairman of Steel Hawk Bhd (KL:HAWK), replacing former inspector general of police (IGP) Tan Sri Acryl Sani Abdullah Sani, who held the post for more than two years. He was appointed to the Steel Hawk board in October 2023. Mohd Annuar, who also serves as the independent non-executive chairman of 7-Eleven Malaysia Holdings Bhd (KL:SEM), will take over the position effective April 1. Mohd Annuar currently also chairs UDA Holdings Bhd, BBCC Development Sdn Bhd, MRCB Land Sdn Bhd, Ipoh Sentral Development Sdn Bhd, Country Annex Sdn Bhd, Metropolitan Utilities Corporation Sdn Bhd, and Ekowood International Bhd. According to AskEdge, Steel Hawk currently trades at a price-earnings multiple of 10.7 times, the second-lowest among peers, and a price-to-net asset value of 2.4 times, the highest in the group.

Source: The Edge Markets March 31, 2026 12:18 UTC