Nazifuddin Najib resigns from Harvest Court

Mohd Nazifuddin Najib, the 28-year-old son of Prime Minister Datuk Seri Najib Abdul Razak, has resigned from his post as a director at designated counter Harvest Court Industries Bhd, barely a month after he joined the company’s boardroom on Oct 28.

Harvest Court, in a filing to Bursa Malaysia yesterday, did not give a reason for his resignation.

The share price of Harvest Court Industries Bhd plunged to the 30 percent limit-down level this morning.

Nazifuddin owns 3.982 million shares in Harvest Court, which was last traded at RM1.40 yesterday.

He is chairman of Sagajuta (Sabah) Sdn Bhd, the Sabah-based property developer that in recent weeks had awarded construction and building material supply contracts to doormaker Harvest Court.

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