Quick take: Cahya Mata Sarawak falls after CFO suspension


KUALA LUMPUR: Shares of Cahya Mata Sarawak Bhd (CMSB) fell almost 6% in early trade Thursday after the firm suspended its group chief financial officer (CFO) to investigate allegations of financial mismanagement.

The diversified group shed 5.91%, or 12 sen to RM1.91 at 9.12am. The counter has fallen some 9.9% so far this year.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Cahya Mata Sarawak , CMSB , CFO

Next In Business News

MAG's hedging strategy pays off amid fuel volatility, eyes China for growth
PNB Merdeka Ventures celebrates KL heritage with inaugural Jelajah Warisan KL
The unmaking of a market
Expanding up: What home owners need to know
Built for security, not emergencies
Ringgit set for cautious week versus US dollar amid West Asia conflict
From risk-off to selective positioning
A winner in medals
Winners and losers in carbon-priced climate
Energy crunch singes New Delhi street stalls

Others Also Read