Prasarana denies CEO Masnizam has resigned



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The Council supports various initiatives that it has undertaken since taking office on 18 January.

Prasarana says that the group's president and CEO, Masnizam Hisham, has demonstrated excellence in service, with integrity, professionalism and unquestionable passion. (Photo by Bernama)

PETALING JAYA: The Board of Directors of Prasarana Malaysia Berhad has denied rumors that the term of office of its chairman and chief executive, Masnizam Hisham, should be reduced or that it will not be possible for him. she resigned.

published today, the council expressed full confidence in Masnizam and his leadership.

The council has also supported the various initiatives undertaken since taking office on 18 January.

"Always passionate about his work, Masnizam immediately began a series of innovative steps in line with his cost-cutting and revenue-generating programs as part of a new initiative called Inventing Prasarana 2.0.

Masnizam first joined Prasarana as Head of the Legal Department in 2004 and was later promoted on merit at the head of the Supply Group, Head of Group Communications and Marketing. Strategic Marketing, Director of Infrastructure Services and CEO of Prasarana Integrate of Management and Engineering Services (PRIME).

"Masnizam has demonstrated excellence in its service with integrity, undisputed professionalism and passion in his work, which inspired the admiration of the board of directors "on media reports that were mischievous and inappropriate, citing a source and whose name was not revealed

in particular when various measures of transformation were undertaken in the interest of the group, in The communiqué indicated that after taking the head of the group, the council The administration also asked Masnizam to report to the group's Integrity Officer, who is a seconded agent of the Malaysian Anti-Corruption Commission. (MACC), investigate any discrepancies in the purchase process for the project.

The statement said Prasarana's senior management had presented last Friday to the LRT3 project's historic report, which was then sent to the finance minister to provide a comprehensive perspective on the project.

In the letter to the Minister, Prasarana also reaffirmed that the organization would be guided by the government's decision on the

It was in the interest of the people and by further raising the level of public transport systems and services in the Greater Klang Valley, "he added.

Earlier, it was reported that Prasarana would respect the instructions of the Ministry of Finance regarding the reductions of the LRT3 project.

Finance Minister Lim Guan Eng said that several changes had been made to what he called a "cost-cutting measure". He said the construction schedule has been extended from 2020 to 2024 to further reduce costs.

Trains of three cars would be used instead of six, the train depots would be smaller, a 2-kilometer tunnel canceled and a metro station and five other stations to be dismantled.

Lim reported that the Cabinet had approved a reduction of the project cost of 16.6 billion RM. LRT3 extends to 37 km from Johan Setia, Klang, Bandar Utama, Petaling Jaya

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