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EWI's Chang Khim Wah relinquishes position, Heah Kok Boon appointed as director

KUALA LUMPUR: Eco World International Bhd’s (EcoWorld International) non-independent and non-executive director Datuk Chang Khim Wah has stepped down from his position effective Oct 23. ....

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Maybank finalises Maydis liquidation

KUALA LUMPUR (Dec 10 ): Malayan Banking Bhd (Maybank)which is in the midst of finalising the liquidation of dormant subsidiary Maydis Bhd said the discount house will be dissolved upon expiry of the three-month period following the lodgement of the unit’s statutory return with the Companies Commission of Malaysia. In a statement to Bursa Malaysia on Monday, Maybank said Maydis which were put under voluntary liquidation since December 10, 2010, had held its final meeting on Monday (December 10, 2012). "The dissolution of Maydis will not have any material effect on the earnings or assets of Maybank group for the financial year ending December 31, 2012. "None of the directors or substantial shareholders of Maybank or persons connected to them has any interest in the voluntary liquidation," Maybank said. A discount house’s operations include the buying and selling of public sector financial instruments such as government bonds. According to Maybank, Maydis has be ....

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Bursa appoints Abdul Farid as independent director

KUALA LUMPUR: Bursa Malaysia Bhd has appointed former Malayan Banking Bhd group president and chief executive officer Datuk Seri Abdul Farid Alias (pic) its independent non-executive director with effect from today. ....

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