SINGAPORE: Singapore Post Ltd shares slumped by the most in more than four years after the firm fired its chief executive officer and a number of other senior executives following allegations related to its international e-commerce logistics parcels business. The stock slid as much as 9.8% at Monday’s open, the most since March 2020 on an...
KUALA LUMPUR: Zurich Life Insurance Malaysia Bhd (ZLIMB) has appointed Pauline Teoh as its new chief executive officer (CEO), effective Nov 1, 2024. Teoh has over over 25 years of experience in the insurance industry, having held multiple senior leadership roles across the APAC region with leading financial institutions. “We are excited to welcome Teoh as the...
Here’s one good reason to avoid drinking water from the tap when travelling overseas. Last month, Malaysian cosmetics brand CEO Aleeya Zailan, 35, checked into a five-star hotel in Malacca. According to Aleeya, she didn’t notice anything unusual when she got to her room. However, after brushing her teeth, her throat started to feel sore and itchy. She decided to check the...
PUTRAJAYA: Eight people, including a chief executive officer and two senior management of a highway concessionaire, have been remanded, for allegedly accepting bribes involving the construction of two highways in Klang Valley, valued at RM1.6bil. It is learnt that the CEO, who is a Datuk and the two senior management have been remanded for four days...
PETALING JAYA: The highest paid chief executive officer in the United States is neither Apple's Tim Cook nor Tesla's Elon Musk, but Malaysian-born businessman Tan Hock Eng. Tan also surpassed Meta Platforms' Mark Zuckerberg by earning USD162 million in compensation last year, reports the South China Morning Post (SCMP), quoting an analysis by the Wall Street...
CYBERJAYA: Tax evaders wishing to wipe the slate clean with the Inland Revenue Board (LHDN) have until the end of this month to do so, says Datuk Abu Tariq Jamaluddin. This is because the deadline for those seeking a fresh start under the Special Voluntary Disclosure Programme 2.0 (SVDP) ends this May 31, after which they...
PETALING JAYA: Selangor FC are on high alert after its chief executive officer was threatened with an acid attack. According to a source, a team official told Dr Johan Kamal Hamidon that an unidentified person called him while he was visiting Faisal Halim in hospital on Sunday (May 5), saying that Johan would be the next...
PETALING JAYA: Former Malaysian Digital Economy Corporation (MDEC) CEO passed away on Thursday (Feb 29) morning. She was CEO of MDEC from January 2019 to August 2021. Surina had also served as an independent non-executive director of Capital A (formerly known as AirAsia Group) and CIMB Investment Bank Bhd. She leaves behind husband Jasmin Ong Rashid and three...
KUALA LUMPUR: Riad Asmat has resigned as AirAsia's chief executive officer (CEO). In a post on his Instagram account, Riad thanked AirAsia for the journey. "It has been a journey and a half and I loved every single bit of it with no regrets. To my wonderful AllStars, thank you for the undying support given throughout the...
BUTTERWORTH: The water supply to the 590,000 consumers affected by the scheduled disruption from Jan 10 will be restored in stages between 48 and 96 hours from that date. Penang Water Supply Corporation (PBAPP) CEO K. Pathmanathan said the projected recovery is based mainly on each consumer's proximity to the Sungai Dua Water Treatment Plant and...
