Percentage of women on Bursa Malaysia’s top 100 companies at 19.1%

The percentage of women on the boards of Bursa Malaysia’s top 100 public listed companies has increased to 19.1% as at end-September 2017, said the 30% Club Malaysia. The 30% Club Malaysia, a business group campaigning for more female directors on company boards, said only 95 out of 928 listed companies have achieved 30% women […]

Perisai gets Bursa nod to defer delisting

Practice Note 17 (PN17) company Perisai Petroleum Teknologi Bhd has received the green light from Bursa Securities to delay the suspension of its share trade and delisting. In a filing today, it said Bursa Securities has agreed to defer the delisting pending a decision on an application by the company. “The application is subject to […]

MSWG wants govt to ‘finally end’ cash injection into Proton

The Minority Shareholder Watchdog Group (MSWG) is hoping that the government will finally end extending financial assistance to ailing national carmaker Proton Holdings Bhd. MSWG said this follows the change in Proton’s ownership, with the carmaker now under full commercial control of two private entities: DRB-Hicom Bhd and China-based Zhejiang Geely Holding Group Co Ltd. […]

Iris Corp appoints Shaiful Zahrin as CEO

Iris Corp Bhd announced a slew of boardroom changes today, together with the appointment of Shaiful Zahrin Subhan as its group chief executive officer (CEO), effective today. In a filing with Bursa Malaysia today, it said he was previously the Chief Operating Officer (COO) of the Malaysia Organising Committee (MASOC) under the Ministry of Youth […]

DGB Asia’s managing director resigns, appoints exec director

DGB Asia Bhd managing director Datuk Seri Dr Pang Chow Huat has resigned, effective immediately. In a filing with Bursa Malaysia today, DGB cited “other personal commitment” for his resignation. Pang, 44, was appointed to the board of DGB as an executive director on Nov 18, 2013. He was redesignated as the managing director on […]

Wintoni executive director applies to set aside winding-up order

Wintoni Group Bhd’s executive director Cheah Kwong Lee has applied to set aside the winding-up order issued by the High Court on the company on Aug 17. In a filing to Bursa Malaysia, Wintoni said Cheah claimed that the Penang-based company was not given any notice of the winding-up process. “In particular, it was not […]

FGV has no more room for error

THE resumption of duties by Datuk Zakaria Arshad as president and chief executive of Felda Global Ventures Holdings Bhd (FGV) next week brings to an end one of the most dramatic boardroom tussles in recent times. Normally, a professional manager is at the losing end of any boardroom fight. But in the case of FGV, […]