
He said the move was important so that the company would be more competitive and able to achieve sustainable growth in the future.
“Even though the company is facing a crisis, the situation is not an obstacle for it to continue improving its business momentum.
“We will focus only on the positives and resolve each problem in stages,” he told the media after chairing the meeting here today.
Asked on the status of FGV group president and chief executive officer Zakaria Arshad, who was asked to take a leave of absence by the board of directors on June 6, Azhar said he would get advice from the stakeholders before making a decision.
He said this matter would likely be included in discussions in the meeting at 3pm.
“This afternoon we will discuss it,” he said, adding that the outcome might be delayed.
“We will get advice (before making a decision). The company’s operations must go on. We only want ensure that the company’s performance is back on the right platform in order to restore confidence and safeguard all the stakeholders including the shareholders,” he said.