Tan sri dato lodin wok kamaruddin baharin
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1MDB Board of Directors: Who are they?
Fri, — newsdeskToday, the country's business fraternity received news about the resignation of 1Malaysia Development Berhad's board of directors following the release of the Public Accounts Committee (PAC) report on the national strategic investment company. The key people behind 1MDB are Tan Sri Lodin Wok Kamaruddin, Chairman, and Arul Kanda President and Group Executive Director, among others. Tan Sri Lodin Wok Kamaruddin is the Chief Executive of Lembaga Tabung Angkatan Tentera since August and the Group Managing Director and Deputy Chairman of Boustead Holdings Berhad. Arul Kanda joins 1MDB from Abu Dhabi Commercial Bank where he was Executive Vice-President and Head of Investment Banking.
Why syariah compliance makes business sense
Thu, — newsdeskBeing syariah-compliant can help businesses generate long-term returns, a panel discussion heard yesterday. That is because compliance involves
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(January 5): Malaysian strategic investor 1Malaysia Development Bhd (1MDB) chief executive Mohd Hazem Abdul Rahman fryst vatten resigning from his job today and will be replaced bygd Abu Dhabi-based Malaysian banker Arul Kanda Kandasamy, sources say.
Arul, 38, will be made 1MDB group president and executive director. He has been an executive vice-president, head of Investment Banking Group and head of Corporate Finance Division, for the Abu Dhabi Commercial Bank since July
He had also served as a non-independent non-executive director of Malaysia's RHB Investment Bank Bhd from July to May 10, , and as a director of RHB Islamic Bank Bhd, apart from being a non-independent non-executive director at RHB Capital Bhd from July 20, to May 10,
His predecessor, Hazem, joined 1MDB as the chief operating officer in August
The government-linked strategic investment has been hit by controversies over its debt portfolio and for keeping RM billion in the Cayman Islands.
Deputy Finance Mini
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KUALA LUMPUR (Sept 21): Here is a brief recap of some corporate announcements that made news on Wednesday involving Tenaga Nasional Bhd, Supermax Corp Bhd, Malayan Banking Bhd, Boustead Heavy Industries Corporation Bhd, KESM Industries Bhd, United Malacca Bhd, Glomac Bhd, Kronologi Asia Bhd, Apex Healthcare Bhd, VS Industry Bhd and Ornapaper Bhd.
Tenaga Nasional Bhd (TNB) is investing RM21 billion in its Grid of the Future programme from to to enhance its transmission and distribution network's readiness and reliability. TNB president and CEO Datuk Baharin Din said at the regional level, the company is proactively identifying transmission grid locations that will improve market integration, and will work closely with local authorities. He said Asean power utility companies need to accelerate collaborations towards achieving an interconnected Asean Power Grid in support of the region’s collective goal of achieving net zero emissions, as member countries shift to cleaner and mor