GIIB: Sufficient basis to hold executive director accountable for misconduct

TheStar Mon, May 23, 2022 08:51pm - 1 year View Original


KUALA LUMPUR: GIIB Holdings Bhd said the findings in the investigation report by its external independent auditor has found that there is sufficient basis to hold its executive director (ED), Wong Weng Yew, accountable for misconduct per the charges made against him in the show cause letter dated March 28, 2022.

The company said this in reply to a query from Bursa Malaysia Securities Bhd pertaining to the termination of the ED.

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In a filing to Bursa Malaysia today, GIIB said, based on the report, Wong appeared to have not fulfilled his responsibility to spearhead the glove project, which was entrusted to him by the board of directors when he was first appointed as the ED of the company and its subsidiaries.

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