On November 23, last year, FGV sued its former president and chief executive officer Mohd Emir Mavani Abdullah and 13 others for RM514 million and other damages. – The Malaysian Insight file pic, November 8, 2019.
THE Kuala Lumpur High Court today struck out a counterclaim filed by five former non-executive directors of FGV Holdings Bhd against the company and 10 others over alleged losses incurred in connection with its acquisition of Asia Plantation Ltd in 2014. Judge Azimah Omar made the decision after allowing an application by FGV and the 10 parties to strike out the counterclaim, which was jointly filed by Ismee Ismail, Wan Abdul Aziz Wan Abdullah, Sulaiman Mahbob, Nozirah Bahari and Fazlur Rahman Ebrahim.
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Source: News Formal (newsformal.com)
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