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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.
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.
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.
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.
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.
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.
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.