PETALING JAYA: NexG Bhd has announced that it has resolved to temporarily suspend the executive powers and functions of its executive chairman and chief executive officer Datuk Abu Hanifah Noordin with immediate effect.
In a filing with Bursa Malaysia, the customised software and hardware systems provider said the decision was made by the majority of the board to ensure that an ongoing review relating to the company’s investments in quoted shares can proceed in a transparent, independent and orderly manner, in line with NexG’s commitment to strong corporate governance, accountability and transparency.
