KUALA LUMPUR, Jan 5 ― The share price of 7-Eleven Malaysia Holdings Bhd hit a near six-month high when the stock exchange reopened for trading in 2016, following the announced resignation of Datuk Nazim Razak as non-executive director on December 31.

Its stock traded at RM1.59, gaining 5 sen yesterday, after the younger brother of Prime Minister Datuk Seri Najib Razak resigned due to his commitment to overseas business commitments, as cited in a filing with Bursa Malaysia on the same day.

The stock remained at a high RM1.58 when trading resumed at 9am today.

Nazim, 53, who has over 27 years of experince in architecture, joined as 7-Eleven director on October 1, 2013.

The shares hit its 2015 peak in June when it hovered around the RM1.80 mark. Its all-time high was at RM1.95 in June 2014, a month after it started trading.

He started his career with Yorke, Rosenberg & Mardell Architects in London on 1987, before joining Geogrefy Reid Associates, also in London, the year after.

He returned to Malaysia in 1990 to join Kumpulan Akitek Sdn Bhd as an architect, before starting his own firm NRY Architects Sdn Bhd in 1992.

Through its subsidiary 7-Eleven Malaysia Sdn Bhd, the firm owns and operates over 1,900 of the global chain’s convenience stores in the country, serving over 900,000 customers daily.

Incorporated on June 4, 1984, 7-Eleven Malaysia was listed on Bursa Malayia on May 30, 2014.