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Better days ahead for Iris as it reboots identity?
IRIS Corp Bhd’s new major shareholders appear to be set on fixing the company, which has been suffering a bout of consecutive losses since the financial year 2015 (FY15).
Iris takes nine existing and ex-directors to court
PETALING JAYA: Iris Corp Bhd has initiated legal proceedings against its existing and former board of directors over its Border Control Solutions Investment.
FGV sues former president
KUALA LUMPUR: FGV Holdings Bhd has commenced legal proceedings against its former group president and CEO Datuk Mohd Emir Mavani Abdullah and 13 others for damages totalling RM514mil as well as other damages in relation to the acquisition of Asian Plantation Ltd (APL).
Azhar named MSM chairman
PETALING JAYA: Plantation firm Felda Global Ventures Holdings Bhd’s (FGV) chairman Datuk Wira Azhar Abdul Hamid has been appointed chairman at Felda’s sugar refining subsidiary, MSM Malaysia Holdings Bhd.
FGV chairman Azhar takes the chair of MSM Malaysia also
KUALA LUMPUR: Felda Global Ventures Holdings Bhd’s (FGV) recently-appointed chairman Datuk Wira Azhar Abdul Hamid has also assumed the chairmanship of Felda’s sugar refining subsidiary MSM Malaysia Holdings Bhd.
Syed Mohamed appointed Encorp chairman
KUALA LUMPUR: Felda Investment Corp Sdn Bhd’s (FIC) subsidiary Encorp Bhd has announced the appointment of Datuk Syed Mohamed Syed Ibrahim as chairman, about two weeks after Tan Sri Mohd Isa Samad resigned from the post.
Noor Ehsanuddin resigns as FGV director
KUALA LUMPUR: Datuk Noor Ehsanuddin Mohd Harun Narrashid, who stepped down as director of Felda Investment Corp Sdn Bhd’s listed unit Encorp Bhd last week, resigned as Felda Global Ventures Holdings Bhd (FGV) director on Thursday.
Isa Samad resigns from Encorp board
PETALING JAYA: Encorp Bhd has announced three resignations as well as three appointments to its board of directors.
Isa resigns from Encorp as Felda changes its nominees
KUALA LUMPUR: Felda Investment Corp’s (FIC) 70.8%-owned subsidiary Encorp Bhd has announced some boardroom changes effective Monday, including the resignation of Tan Sri Mohd Isa Samad as non-executive chairman.
Short position
THE latest development in Felda Global Ventures Holdings Bhd’s (FGV) boardroom changes warrant an immediate question as to who has the bigger say in the plantation company – the new FGV acting chairman or Felda, the single largest shareholder of FGV with a 34% stake?
