CMSB

1.080

-0.01 (-0.9%)

OTHERS CAHYA MATA SARAWAK BERHAD ("CMSB" OR "THE COMPANY") EXTENSION OF SUSPENSION PERIOD OF GROUP CHIEF FINANCIAL OFFICER AND APPOINTMENT OF INDEPENDENT CONSULTANT

CAHYA MATA SARAWAK BERHAD

Type Announcement
Subject OTHERS
Description
CAHYA MATA SARAWAK BERHAD ("CMSB" OR "THE COMPANY")
EXTENSION OF SUSPENSION PERIOD OF GROUP CHIEF FINANCIAL OFFICER AND APPOINTMENT OF INDEPENDENT CONSULTANT

CMSB had on 5 May 2021 announced the suspension of Mr Syed Hizam Alsagoff as the Group Chief Financial Officer for 30 days.

 

The Company has since then appointed KPMG Management & Risk Consulting Sdn Bhd ("KPMG MRC") as the independent consultant to review the financial management of certain investment and contracts.

 

The Board has today resolved to extend the suspension by 60 days to accommodate the duration required for KPMG MRC to carry out its work and report to the Board.

 

This announcement is dated 3 June 2021.






Announcement Info

Company Name CAHYA MATA SARAWAK BERHAD
Stock Name CMSB
Date Announced 03 Jun 2021
Category General Announcement for PLC
Reference Number GA1-03062021-00015