Acting chairman Sulaiman dissuades FGV directors from resigning


TM's chairman Tan Sri Dato Seri Dr. Sulaiman Mahbob during a press conference after the 31st AGM & EGM at Menara TM, April 28, 2016. GLENN GUAN/The Star

KUALA LUMPUR: Felda Global Ventures Holdings Bhd’s (FGV) acting chairman Tan Sri Dr Sulaiman Mahbob has personally requested all its board members, including two who wanted to resign, to stay on.

He said this in a statement on Thursday to clarify a media report on the purported resignation of existing board members Datuk Dr Omar Salim and Datuk Noor Ehsanuddin Mohd Harun Narrashid.

Sulaiman noted that these two directors had expressed their intentions to resign several weeks ago.

However, he said, “upon considering the current state of affairs of the company and the way forward that have been accepted by the Government and FGV on June 19, 2017, which are ‘to improve FGVH’s corporate governance and business controls’ and ‘undertake a comprehensive business review’ as well as ‘to uphold the integrity and spirit of impartiality of the ongoing inquiry’, I had then personally requested all members of the board to stay on.”

He said necessary updates would be provided if there was any further development.

Sulaiman became acting chairman of FGV on June 19, replacing Tan Sri Mohd Isa Abdul Samad, who joined the Public Land Transport Commission as acting chairman.

The day prior to Sulaiman’s statement, FGV had announced the appointment of three Felda office holders to its board, including Felda acting director general Ab Ghani Mohd Ali, Pahang State Felda Affairs Committee chairman Datuk Abu Bakar Harun, and Felda deputy director general (management) Datuk Muzzammil Mohd Nor as non-executive directors.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil falls on prospect of higher-for-longer US rates
Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Wellness a top priority
InNature diversifies into the F&B industry
Tolerance for a cheaper yuan may be temporary
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
China’s push for greener aluminium hit by erratic rains, power cuts

Others Also Read