Directors’ independence has been a key focus of the Securities Commission Malaysia (“SC”) and Bursa Malaysia Securities Berhad (“Bursa”) lately as can be seen from the amendments and proposed amendments in relation to the requirements and eligibility of independent directors of public listed companies.
This update by Christopher and Lee Ong provides a summary of the recent decision of the Malaysian High Court in Re Top Builders Capital Bhd & Ors [2021] 10 MLJ 327, and highlights the procedure and approach for the assessment of the proofs of debt for voting in a scheme and sets out the test and considerations when granting leave to a creditor to proceed with its legal proceedings against a company with a restraining order.
The Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead agency in digital transformation, today announced the appointment of Romainor Ismail as its Procurement Director.
Romainor began his career as a Programmer in DIGIERA in 1999 and went on to serve at Maybank as a Vendor Management Lead in 2012 and eventually became the Head of Sourcing & Category Management (Project) in Celcom Axiata early this year.
He will be responsible to lead, direct and coordinate all aspects of MDEC’s procurement activities in ensuring the acquisitions of goods and services are both cost-efficient and high quality. Romainor will also be tasked with managing contracts, evaluating supply options and maintaining accurate records.
Shell Malaysia appoints Seow Lee Ming as General Manager (GM) Mobility for Malaysia and Singapore to lead the strategic development and growth of Mobility in Malaysia and Singapore.
Lee Ming joined Shell in 2003 and has held several global and regional leadership key roles. As the GM of Global Key Accounts for Original Equipment Manufacturers (OEMs) in Asia, she led a Global Key Account Managers team to service and grow the business partnerships with Shell’s prestigious customers.
Lee Ming also led Shell’s China 2030 roadmap as GM Strategy and Business Development for China/HK. In this role, Lee Ming led a team of 53 marketing professionals that successfully transformed Shell’s digital and social media approach, built a premium brand, and developed effective B2C and B2B engagement activities.
Over the weekend, Intel employees successfully completed both doses of the COVID-19 vaccination as part of the Public-Private Partnership Industry Immunization (PIKAS) Program.
Great work by Intel in supporting the mass vaccination of employees!
The Public Service Department has reminded all civil servants not to get involved in current political polemics. All the Heads of Departments have been instructed to perform their duties in line with the current policies in place.
In this regard, all civil servants under their respective Ministries and Departments will perform their responsibilities and work to ensure that all government management and administration runs smoothly as usual.
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