KUALA LUMPUR, Malaysia--Malaysian mobile phone operator Maxis Bhd. (6012.KU) said on Friday Chief Executive Morten Lundal will be leaving upon the expiry of his contract on March 31, 2018.
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Maxis, which is controlled by Malaysian tycoon Ananda Krishnan, said its board will announce Mr. Lundal's successor in due course, according to a release filed with the local stock exchange.
Shares of Maxis ended Friday unchanged at MYR6.00 before the announcement. The benchmark stock index closed the day 0.01% lower.
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(END) Dow Jones Newswires
November 03, 2017 05:46 ET (09:46 GMT)