6th Jul 2018 15:14
LONDON (Alliance News) - Upland Resources Ltd said Friday that Non-Executive Chairman Norza Zakaria stepped down from the role after his election as president of the Olympic Council of Malaysia.
Upland said Zakaria will be responsible for the participation of Malaysia in the Olympics and Commonwealth Games and will therefore have no time for the oil & gas company.
Non-Executive Director Bolhassan Di will replace Zakaria as non-executive chairman.
Chief Executive Officer Steve Staley said: "We are sorry to see him [Zakaria] step down as chairman, but understand that he must devote his time to his new, high profile and demanding role."
Upland shares were trading 2.5% lower at 3.17 pence each.
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