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Encorp’s share price flat after group CEO suspended for internal probe linked to MACC-related claims 

Malay Mail LogoMalay Mail10h ago

Encorp’s share price flat after group CEO suspended for internal probe linked to MACC-related claims  - Malay Mail

Quick Summary:

KUALA LUMPUR, Aug 13 — Encorp Bhd’s share price was unchanged in early trade today despite news of the suspension of its...

The company stated that it will continue its business as usual and that during the suspension period, group chief financial officer Kamarul Azman Kamarozaman@Amir will be the officer in charge, temporarily assuming the group CEO’s duties and functions.

In a Bursa Malaysia filing on Monday, Encorp said Hazurin was suspended effective August 12, 2024, in order to facilitate an internal investigation related to allegations made involving the Malaysian Anti-Corruption Commission (MACC).


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 11:16:41 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 122 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22060137

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 13 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

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