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Muhammad Ikmal Opat steps down from Widad

The Star·06/22/2026 10:45:00
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PETALING JAYA: Tan Sri Muhammad Ikmal Opat Abdullah, the single-largest shareholder of Widad Group Bhd, has resigned as the group’s executive deputy chairman.

In a bourse filing, Widad cited “personal commitment” as the reason behind Muhammad Ikmal’s resignation effective yesterday.

The 58-year-old Muhammad Ikmal owns about 13.6% equity interest in Widad, both directly and indirectly.

He was appointed as the deputy chairman in July 2024.

Widad, a two-sen penny stock, currently has a market capitalisation of just over RM62mil.

Muhammad Ikmal took control of Widad in 2018, after his private vehicle, Widad Business Group Sdn Bhd, completed a reverse takeover of industrial labels manufacturer Ideal Jacobs (M) Corp Bhd, which was subsequently renamed Widad Group.