Kuala Lumpur, 16 June 2016 | Nexgram Holdings Bhd, a public listed company with diversified business investments in telecom software, surveillance, property development has re-designated the Executive Director, Tuan Syed Omar Bin Syed Mohamed to be the group CEO. Tuan Syed was earlier appointed to the board on 13 May 2016 as Executive Director.

Tuan Syed Omar is a prominent businessman with more than 20 years' experience in the corporate world and commercial business, namely, in business turnaround and capital raising exercises, property development and construction. He was the Senior Business Development Manager in publicly listed company Federal Furniture Holdings (M) Berhad. He was an Associate of Asset Management and Investment Risk Managing Analysis Team under turnaround Managers inc., which achievement included Debt Restructuring Scheme for Lankhorst Bhd.

He was Executive Director of Cahaya Pedoman Sdn Bhd, a construction company, which project development included terminal Bas Pudu Sentral, Kenanga International Central office and Swiss Garden Hotel Group.

He was appointed as the Economic Advisor of PERDASAMA (Malay Businessmen and Industrialists Association of Malaysia) on 25 March 2015. He was Special Executive Officer in UDA Holdings Berhad ("UDA"), assisting the Chief Executive Director of UDA in various development projects from 2008 until 2010. He was also Special Executive Officer to the Chief Executive Officer of Kumpulan Prasarana Rakyat Johor.

He was Executive Director in several companies including the Stone Empire Group, Jalex Bhd and Kedah Marble Sdn Bhd. He was also Managing Director and Group Chief Executive Officer of Damansara Realty Berhad, a company listed in the Main Board of Bursa Malaysia Securities Berhad.

The appointment of Tuan Syed also came a long a later announce on Bursa Malaysia his intention to dealing with Nexgram shares on 17 June 2016. Market is eager to know how far this politically connected corporate achiever going to bring Nexgram group to next height especially projects from public sector.

The former management had brought the home grown IT outfit to become a diversified group, which secured Angkasa mix property development project last year. The company had long term plan to involved in infrastructure and construction businesses, as evidence from inception of Nexgram Infrastructure and recent purchase of construction outfit Bluehill Development.

Nexgram Holdings Berhad (“Nexgram Group”) is a public listed investment holding company based in Kuala Lumpur, Malaysia. As of to date, it operates through the following segments: Telecommunication, Security & Surveillance, Software Development, Property Development, Industries, Business Advisories and Investment activities.

SP Review

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5125369

Change in Boardroom

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Tuan Syed Omar bin Syed Mohamed has been re-designated as the Interim Chief Executive Officer with immediate effect.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5092401

Change in Boardroom

Tuan Syed Omar bin Syed Mohamed holds a Bachelor of Accounting and Finance degree from University of Sunderland, United Kingdom in 1993.

Tuan Syed Omar has more than 20 years' experience in the corporate world and commercial business, namely, in business turnaround and capital raising exercises, property development and construction, and furniture and interior design businesses. He was the Senior Business Development Manager in Federal Furniture Holdings (M) Berhad. He was an Associate of Asset Management and Investment Risk Managing Analysis Team under turnaround Managers inc., which achievement included Debt Restructuring Scheme for Lankhorst Bhd. 

He was Executive Director of Cahaya Pedoman Sdn Bhd, a construction and interior design company, which project development included terminal Bas Pudu Sentral, 28 storey Kenanga International Central office and Swiss Garden Hotel Group. He was appointed as the Economic Advisor of PERDASAMA (Malay Businessmen and Industrialists Association of Malaysia) on 25 March 2015. He was Special Executive Officer in UDA Holdings Berhad ("UDA"), assisting the Chief Executive Director of UDA in various development projects from 2008 until 2010. He was also Special Executive Officer to the Chief Executive Officer of Kumpulan Prasarana Rakyat Johor. 

He was Executive Director in several companies including the Stone Empire Group, Jalex Bhd and Kedah Marble Sdn Bhd. He was also Managing Director and Group Chief Executive Officer of Damansara Realty Berhad, a company listed in the Main Board of Bursa Malaysia Securities Berhad.

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