MSM Chief Financial Officer, Dr Maaztul aini Shahar Abdul Malek who was put on garden leave to assist in investigation has no been reinstated back to her duties.
The group made the announcements today and referred its earlier notices filed on 3 November 2023, 8 December 2023 and 15 January 2024. The latest being on January 15 when it said the leave will be extended to February 15.
MSM Malaysia Holdings Bhd has extended the garden leave of chief financial officer Dr Mazatul ‘aini Shahar Abdul Malek Shahar, who was forced to take leave for an undisclosed reason, for the second time until 15 February 2024.
Malayan Sugar Mills had announced the first extension for the garden leave on December 8, last year, for one month from 15 December 2023 to 15 January 2024, pending further notice from the Board.
On Nov 3, the group announced that the CFO will be on garden leave with effect from Oct 20, 2023 until Dec 15, 2023 or until further notice from the board.
In a filing then it said Mazatul ‘Aini Shahar’s temporary leave of absence is necessary to facilitate with an ongoing internal investigation.
However, when asked by BusinessToday, MSM said the leave is a human resource related issue that will be resolved within the company, without specifying the reason for the leave.
The Board of Directors today said the garden leave of the Chief Financial Officer of MSM has been lifted. The CFO shall resume her duties as the CFO effective from 1 February 2024.
