New 1MDB president outlines his strategy for the company


KUALA LUMPUR: On the second day into his job as the head honcho of 1Malaysia Development Bhd (1MDB), Arul Kanda Kandasamy (pic) met up with reporters from a foreign news wire and a local newspaper promising a higher degree of transparency from the organisation.

The 38-year-old law graduate from the London School of Economics, who honed his skills as an investment banker in London and the Middle East, said that it would be business as usual for 1MDB without any disruptions to its existing plans.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , arul 1mdb , arul , strategy , company , energy , listing ,

Next In Business News

ES Sunlogy secures RM22.3mil sub-contract in Penang
Vestland terminates three affordable housing contracts worth RM550.7mil
Pestec appoints Adam Yee as president
Wawasan Dengkil and Kester partner on renewable energy projects
Binastra's unit inks tripartite agreement involving RM305mil contract
Ringgit ends lower as firmer US dollar weighs on market
Infomina posts higher 2Q profit, declares 1.35 sen dividend
SkyGate acquires property investment firm for RM76mil
Berjaya Land proposes name change to Berjaya Property
SCIB shareholders approve rights issue, share capital reduction

Others Also Read