Encorp suspends GCEO pending MACC investigations 


PETALING JAYA: Encorp Bhd has suspended its group chief executive officer (GCEO), Hazurin Harun, with immediate effect, to facilitate internal investigations relating to allegations made involving the Malaysian Anti-Corruption Commission (MACC).

In a filing with Bursa Malaysia, Encorp said the suspension will result in the powers, authorities and functions vested in Hazurin as GCEO to be suspended with effect from Aug 12, 2024, until further announcement by the board.

“The board wishes to announce further that the company will continue its business as usual and during the period of suspension.

“Kamarul Azman Kamarozaman @ Amir, the group chief financial officer, will be appointed as the officer in charge who will temporarily assume the duties and functions of GCEO.” Encorp said it will announce further developments as and when necessary.

Encorp is committed to good governance and transparency throughout this process and the company is closely monitoring the situation to ensure full compliance and uphold our strong commitment to integrity.

“Encorp will continue to provide its full support and cooperation to the MACC.”

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Encorp , suspend , MACC

   

Next In Business News

Opec again lowers 2024, 2025 global oil demand growth view
UK pay growth cools, keeping BoE on track for another rate cut
He Group bags RM30.60mil contract
Auditor resignations to have no impact on Globetronics ops
Ringgit ends higher against greenback ahead of US inflation report
Bursa Malaysia ends 6-day slide, CI up 8.86pts
Duty Free Intl' unit to jointly develop JB land
Solar District Cooling IPO oversubscribed 144.08 times
Shareholders give nod to Magma's RM100mil RCN issuance
China hobbles Asia shares; US data, Fed meet in view

Others Also Read