Monday, July 23, 2012

Malaysia conglomerate ex-CEO in court over losses - Latest news around the world and developments close to home - MSN Malaysia News

Malaysia conglomerate ex-CEO in court over losses - Latest news around the world and developments close to home - MSN Malaysia News ;..  Ahmad Zubir allegedly also failed to inform Sime Darby's board of the arrangement, and the fiasco cost the company some 100 million ringgit ($30 million), the prosecutor added.
Sime Darby is the world's largest listed palm-oil producer by acreage and one of Malaysia's biggest conglomerates, with its portfolio also including power, property and other divisions.

1 comment:

  1. Ahmad Zubir allegedly also failed to inform Sime Darby's board of the arrangement, and the fiasco cost the company some 100 million ringgit ($30 million), the prosecutor added.

    Sime Darby is the world's largest listed palm-oil producer by acreage and one of Malaysia's biggest conglomerates, with its portfolio also including power, property and other divisions.

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