OTHERS TMC Life Sciences Berhad ("the Company") - Suspension of Group Chief Executive Officer
TMC LIFE SCIENCES BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | TMC Life Sciences Berhad ("the Company") - Suspension of Group Chief Executive Officer |
On behalf of the Company and further to the announcement made on 29 January 2024, the Board of Directors (“the Board”) wishes to announce that a second show cause letter dated 29 March 2024 (“Second Show Cause Letter”) was issued to Puan Wan Nadiah Binti Wan Mohd Abdullah Yaakob (“Puan Nadiah”) that contains allegations that are different from the first show cause letter that was issued on 29 January 2024 (“First Show Cause Letter”).
The Audit and Risk Management Committee (“ARMC”) had carefully reviewed the written replies from Puan Nadiah to the First Show Cause Letter, whereby ARMC had found and concluded that the written replies were generally insufficient to answer the allegations stated in the First Show Cause Letter. The ARMC has reported its findings and conclusion to the Board.
Depending on the findings and conclusion from the ARMC to Puan Nadiah’s response to the allegations stated in the Second Show Cause Letter, the Board will proceed with the next phase of the disciplinary process against Puan Nadiah for the allegations made in the First Show Cause Letter and, if applicable, the Second Show Cause Letter.
The Board will make further announcements on this matter at the appropriate time.
This announcement is dated 29 March 2024. |
Announcement Info
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 29 Mar 2024 |
Category | General Announcement for PLC |
Reference Number | GA1-26032024-00066 |