Wednesday, June 2, 2010

20100602 1422 Malaysia News and Updates.

Bursa Malaysia: COO quits. Bursa Malaysia’s chief operating officer (COO) Omar Merican resigned yesterday after almost five years with the company. (Source: Business Times)


Kenmark: Under SC probe. The Securities Commission Malaysia (SC) is investigating Kenmark Industrial Co (M) Bhd following its non-submission of financial statements, default in payments and missing directors. It was reported yesterday that the deputy general manager and finance and administration manager had also resigned. (Source: The Star)

Politics: Cabinet reshuffle announced. MCA president Datuk Seri Ong Tee Keat and party central committee member Datuk Wee Jeck Seng have been dropped from the cabinet line-up. Prime Minister Datuk Seri Najib Razak has named Datuk Chor Chee Heung as housing and local government minister. The incumbent housing and local government minister, Datuk Seri Kong Cho Ha has been appointed as transport minister. Their appointments are effective this Friday.

Other appointments include:
Chua Tee Yong (deputy minister of Agriculture and Agro-based Industry)
Datuk Donald Lim Siang Chai (deputy minister of Finance)
Senator Gan Ping Sieu (deputy minister of Youth and Sports)
Senator Heng Seai Kie (deputy minister of Women, Family and Community Development)
Senator Datuk G. Palanivel (deputy minister of Plantation Industries and Commodities)
Datuk Rohani Abdul Karim (deputy minister of Domestic Trade, Cooperatives and Consumerism)
Senator Datuk Maglin Dennis D’Cruz (deputy minister of Information, Communication and Culture)
Datuk Richard Riot (deputy minister of Foreign Affairs)
Jelaing Ak Meersat (deputy minister of Transport)
Datuk Lee Chee Leong (deputy minister of Home Ministry) (Source: New Straits Times)

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