KUALA LUMPUR (May 31): The chairman of T7 Global Bhd, Datuk Seri Dr Nik Norzrul Thani N. Hassan Thani, has been redesignated as acting executive chairman of the group following the resignation its CEO Rahmandin @ Rahmanudin Md Shamsudin.

Rahmandin had resigned to pursue other interests, the oil and gas service provider said in a filing with Bursa Malaysia today.

Separately, the group announced that independent and non-executive director Datuk Suraj Singh Gill has also resigned due to ongoing commitments.

Neither Gill nor Rahmandin had any disagreements with the board, it said.

T7 Global, previously Tanjung Offshore Bhd, saw its shares close down 0.5 sen at 40.5 sen per share. A total of 513,000 shares were traded, giving the group a market capitalisation of RM154.53 million.