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Malaysia elects new king after shock abdication

(CNN)Sultan Abdullah Sultan Ahmad Shah, the ruler of the Malaysia state of Pahang, was named the country's new king Thursday following the shock abdication of Sultan Muhammad V earlier this month.The leaders of Malaysia's royal houses, known as the Conference of Rulers, elected the 59-year-old Sultan Abdullah to a five year term under a system of rotational monarchy that is unique to Malaysia. Muhammad V, 49, abdicated after just two years on the throne.Sultan Abdullah will be sworn in as the nation's 16th Yang di-Pertuan Agong, or head of state, in a ceremony on January 31.He only became the sultan of Malaysia's central Pahang state on January 15 after his ailing 88-year-old father Sultan Ahmad Shah stepped down -- a move seen as paving t ...