Malaysiakini co-founders to release half of their shares to a Trust
- 5 years ago
Malaysiakini co-founders Steven Gan and Premesh Chandran are expected to release half of their shares to a Malaysiakini Trust which will be set up in the near future.
Premesh announced this during his speech at the Malaysiakini 20th anniversary gala dinner in Pullman Hotel Kuala Lumpur yesterday night.
He said the decision comes as part of the transition to pass the baton to new leaders, where he will step down as the chief executive officer in the coming year and to play a role at the board level.
Gan, who is also the editor-in-chief, will "stay on for a while", said Premesh.
Premesh said he hoped to soon convert the Trust into a full-scale Malaysiakini foundation.
He stressed that Malaysiakini will continue to be independent.
Premesh announced this during his speech at the Malaysiakini 20th anniversary gala dinner in Pullman Hotel Kuala Lumpur yesterday night.
He said the decision comes as part of the transition to pass the baton to new leaders, where he will step down as the chief executive officer in the coming year and to play a role at the board level.
Gan, who is also the editor-in-chief, will "stay on for a while", said Premesh.
Premesh said he hoped to soon convert the Trust into a full-scale Malaysiakini foundation.
He stressed that Malaysiakini will continue to be independent.