Sulaiman appeals for FGV board members to stay

Sulaiman appeals for FGV board members to stay

This after directors Omar Salim and Noor Ehsanuddin Mohd Harun Narrashid expressed their intention to resign.

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PETALING JAYA: Sulaiman Mahbob, the acting chairman of Felda Global Ventures Holdings Bhd (FGV), has personally requested that all board members stay on.

This includes directors Omar Salim and Noor Ehsanuddin Mohd Harun Narrashid, whom he said had expressed their intention to resign several weeks ago.

In a statement carried by The Star, Sulaiman said considering “the current state of affairs of the company” and the aim to improve its corporate governance and business controls, he had “personally requested all members of the board to stay on”.

On Wednesday, FGV appointed three men with experience in dealing with the Federal Land Development Authority (Felda) as directors.

Abu Bakar Harun and Ab Ghani Mohd Ali were appointed non-independent non-executive directors, while Muzzammil Mohd Nor was appointed non-independent non-executive alternate director.

The appointments appeared to be in response to suggestions to have more people experienced in Felda matters on the FGV board.

Prior to the new appointments, the board members comprised Sulaiman, Omar, Noor Ehsanuddin, Zakaria Arshad, Yahaya Abd Jabar, Siti Zauyah Md Desa, Mohamed Suffian Awang and Mohd Zafer Mohd Hashim.

Last month, Zakaria, FGV’s president and CEO, was told to go on indefinite leave pending an internal investigation into an issue involving delayed payment from a Dubai-based Afghan company, Safitex Trading, to FGV subsidiary, Delima Oil Products.

Three other executives were also asked to take a leave of absence: chief financial officer Ahmad Tifli Mohd Talha, Delima Oil Products’ senior general manager Kamarzaman Abd Karim, and FGV trading CEO Ahmad Salman Omar.

FGV announces 3 Felda men as directors

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