CCM Berhad Group Managing Director Dato'' Dr Mohamad Hashim Ahmad Tajudin has indicated his desire to retire from the Company and all Board directorships within the Group to pursue his personal interests upon expiry of his present contract at the end of June.

Dato'' Dr Mohamad Hashim, 56 was appointed in May 2004 (year) and has served 2 terms with the Group.

The Nomination and Remuneration Committee is in the process of finalizing its recommendation to the Board on the appointment of a new Group Managing Director. In the interim, an Executive Committee comprising Mr E Sreesanthan (Chairman), Tan Sri Dato'' Dr Abu Bakar bin Suleiman and Dato'' Mohd Nizam bin Zainordin will be responsible for the operations of the Group.

CCM Berhad''s Chairman, Tan Sri Abdul Rahman Omar commended Dato'' Dr Mohamad Hashim for his contributions especially in enhancing the Group''s manufacturing capabilities, leadership in the halal pharmaceutical sector, establishment of several strategic linkages and research and development.

"Dato'' Dr Mohamad Hashim successfully led the Group to achieve its maiden RM 1 billion turnover. We respect his decision to retire and wish him every success in his future endeavours." Tan Sri Abdul Rahman added.

CCM, Malaysia''s largest generic pharmaceutical manufacturer is listed on the main board of Bursa Malaysia and is a key player in the fertilizers, chemicals and pharmaceutical industries.

Dated 10 June 2010.