MUDA in its press release today has asked for MoF’s explanation ofn the resignation of Chairman and a unverified resignation of three top officials of Securities Commission (SC).
At the time of writing, BusinessToday has tried to contact the watchdog for clarification but to no avail.
It was reported that SC’s managing director Foo Lee Mei, general counsel Chee Fei Meng plus executive director of digital strategy and innovation Chin Wei Min will be leaving.
However, no reason was given as what prompted the resignation.
Under the media release of SC website, the SC made the announcement on the resignation of Datuk Syed Zaid Albar whose term was extended for a three-year period in October last year. He will be replaced by former deputy finance minister Datuk Dr Awang Adek Hussin, who will resume the post on June 1.
At the point of writing, no news or media release was updated in their website.
