MSM Malaysia Holdings Rescinds CFO's Garden Leave, Resumes Business Operations -...
source link: https://ceoworld.biz/2024/02/01/msm-malaysia-holdings-rescinds-cfos-garden-leave-resumes-business-operations/
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MSM Malaysia Holdings Rescinds CFO’s Garden Leave, Resumes Business Operations
In a recent development, MSM Malaysia Holdings Bhd has officially lifted the garden leave imposed on its Chief Financial Officer, Mazatul ‘Aini Shahar Abdul Malek Shahar. The company communicated this decision through a filing with Bursa Malaysia, stating that the CFO will resume her duties effective from Feb 1, 2024.
The announcement emphasizes that MSM will continue its business operations without disruption. This reversal comes after the sugar producer had initially extended the garden leave of its CFO from Jan 15 to Feb 15 or until further notice from the board, as revealed on Jan 15. The decision to reinstate the CFO to her role suggests a return to normalcy and operational continuity for MSM Malaysia Holdings.
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