KUALA LUMPUR (Sept 18): FGV Holdings Bhd said today its group president and chief executive officer (CEO) Datuk Zakaria Arshad has resigned after being sent on compulsory leave on Sept 13.
In a filing with Bursa Malaysia today, FGV said with the resignation of Zakaria, 58, the suspension has ended.
However, the forensic investigation into several past investments and acquisitions will continue, FGV said, adding that the probe is expected to be concluded by year end.
KUALA LUMPUR (Dec 12): A gauge of expected volatility in Malaysia’s ringgit fell for the first time in three days as risk aversion eased amid signs US-China trade relations are improving.
* USD/MYR 1-month implied volatility drops 0.17 vol to 6.15
* Spot USD/MYR is little changed at 4.1830, pausing after a five-day gain
** Support 4.1352, 4.1227, 4.0900; resistance 4.2020, 4.2437, 4.2531
* Most EM Asia FX advance after China was said to be weighing lowering tariffs on US-made cars, and Huawei CFO Meng Wanzhou was granted bail by a Canadian court
Ah, holiday board gaming. A roaring fire. A glass of nog. And a raging debate over whether the blue guy was next to the red square or vice versa. Buying a gift for a board game fan? Just need something new to bring along to the get together? In this roundup we highlight some of […]