Perdana Petroleum announces resignation of Hasmi Hasnan from board

MIRI: Perdana Petroleum Berhad (Perdana Petroleum) has announced the resignation of Datuk Hasmi Hasnan from its Board of Directors, effective July 1.

In a statement, it said Hasmi’s decision to step down is driven by his need to, inter alia, focus on his role as the executive chairman within the board of Dayang Enterprise Holdings Berhad (Dayang), where he will be concentrating on Dayang’s core strategic initiatives during this period of increased activities in the oil and gas industry.

During his tenure on Perdana Petroleum’s board, Hasmi played a significant role in guiding the company through various strategic initiatives, contributing to its growth and success.

The Board of Directors of Perdana Petroleum expressed their appreciation for Hasmi’s contributions and hope that his invaluable guidance will bring both Dayang and Perdana Petroleum to greater heights.

“We are grateful for Hasmi’s dedication and service to Perdana Petroleum. His insights and leadership have been instrumental in our achievements, and we fully support his decision to focus on his responsibilities at Dayang,” said Jamalludin Obeng, managing director of Perdana Petroleum.

On June 10, Dayang announced the resignation of Jamalludin Obeng as the Non-Independent Non-Executive Director.

Jamalludin, who has led Perdana Petroleum since Oct 1, 2021, successfully managed a turnaround after seven years of losses.

In 2022, the company achieved a revenue of RM196.6mil and a net profit of RM11.4mil. The revenue for 2023 increased to RM31.9mil, with net profit increasing fourfold to RM44.5mil.

He will now focus on the company amid the anticipated increase in activities in the oil and gas industry in the coming years.

Perdana Petroleum is committed to achieving continued success in the Offshore Supply Vessels (OSV) segment of the oil and gas industry.