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Maxbiz gets audit directive from Bursa
PETALING JAYA: Maxbiz Corp Bhd has received a letter from Bursa Malaysia Securities Bhd directing it to appoint its statutory auditors, Messrs Gomez Co, to perform a special purpose audit to give a true and fair view of the group's and company's latest financial position.
Golden Plus directors reprimanded, fined
PETALING JAYA: The board members of Golden Plus Holdings Bhd have been publicly reprimanded and fined a total of RM1.4mil by stock exchange regulator Bursa Securities for failure to appoint PricewaterhouseCoopers as a special auditor (as directed) and to allow the special auditor to proceed with special audit work.
Ecofuture faces suspension, delisting
PETALING JAYA: Trading of shares in ACE Market-listed Ecofuture Bhd will be suspended from June 23 as it failed to appoint a replacement sponsor by designated June 10 deadline.
Analyst: Sime not likey to make any major changes in E&O at the moment
PETALING JAYA: Sime Darby Bhd's move to appoint two of its top executives - president and group chief executive Datuk Mohd Bakke Salleh and group chief operating officer Datuk Abdul Wahab Maskan - to board positions at Eastern Oriental Bhd (EO) has elicited both positive and neutral responses from analysts.
Metronic board shake-up, four new directors in, executive vice-chairman resigns
PETALING JAYA: Two shareholders, who own more than 10% of Metronic Global Bhd, seem to have almost succeeded in their quest to remove four directors and appoint four new ones to the board.
New law to protect property buyers
The rights of buyers of common properties like apartments and condominiums prior to issuance of strata titles will be protected with a proposed new law to appoint a housing commissioner at state level.
Chin Foh AGM disruption due to technical glitch, says MD
CHIN Foh Bhd has to adjourn its AGM three hours after it started yesterday following some disagreement on a resolution to appoint five new directors in the company.
Crest picks advisers to study Sapura Energy buy
CREST Petroleum Bhd will appoint advisers in July to study the feasibility of it buying Sapura Energy Sdn Bhd from Sapura Holdings Sdn Bhd, said Crest managing director Razman Ariffin.
Independent parties to hear Lehman investors’ complaints
Singapore's central bank has asked financial institutions that sold structured products linked to Lehman Brothers to appoint independent parties who would oversee and investigate complaints from concerned investors.
Bid to oust three Kamdar directors, two shareholders calling for EGM
PETALING JAYA: Two shareholders of Kamdar Group (M) Bhd, who collectively hold not less than one-tenth of the issued share capital of the company, are calling for an EGM to remove three directors and appoint two new ones.
