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KUALA LUMPUR: GIIB Holdings Bhd said the findings in the investigation report by its external independent auditor has found that there is sufficient basis to hold its executive director (ED), Wong Weng Yew, accountable for misconduct per the charges made against him in the show cause letter dated March 28, 2022.
KUALA LUMPUR: GIIB Holdings Bhd has terminated its suspended executive director, Wong Weng Yew following the investigation report pertaining to the charges of misconduct from the external independent auditor.
Trading ideas: Unisem, Vitrox, F&N, IGB REIT, CapitaLand Malaysia Turst, Kossan Rubber Industries, GIIB, Petronas Gas, Shin Yang Shipping, Top Glove Corp and Anzo Holdings
KUALA LUMPUR: Stocks in focus on Thursday could include Unisem (M) Bhd, Vitrox Corp, Fraser & Neave Holdings, IGB Real Estate Investment Trust (REIT), CapitaLand Malaysia Turst, Kossan Rubber Industries, GIIB Holdings, Petronas Gas, Shin Yang Shipping Corp, Top Glove Corp and Anzo Holdings, according to JF Apex Research.
A deal is crucial before its builder’s cash runs out
KUALA LUMPUR: Shares in Supermax Corp Bhd fell almost 4% in early trade Friday after confirming that two of its existing contracts for the supply of nitrile gloves in Canada have been terminated.
KUALA LUMPUR: Engineering services company Serba Dinamik Holdings Bhd has been downgrade by S&P Global Ratings. The global rating agency downgraded Serba Dinamik to ‘D’ on the missed coupon payment of its sukuk.
KUALA LUMPUR: Supermax Corp Bhd says only the Federal Government of Canada contract has been put on hold and an independent audit report is underway as it tackles a fresh round of inquiries, this time from Canadian authorities, over its labour practices.
KUALA LUMPUR: Scomi Energy Services Bhd's external auditor Messrs Crowe Malaysia PLT has issued a disclaimer of opinion on the company's recent financial statement for the financial year ended June 30, 2021.