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Former Bursa CEO Yusli passes away at 63

KUALA LUMPUR: Former Bursa Malaysia Bhd executive director and chief executive officer Datuk Yusli Mohamed Yusoff has passed away following a battle with cancer. He was 63. ....

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Former Bursa CEO Yusli Mohamed Yusoff passes away at age 63

Former Bursa Malaysia Bhd executive director and chief executive officer (CEO) Datuk Yusli Mohamed Yusoff passed away at the age of 63 on Thursday afternoon (March 10) after a battle with cancer, The Edge has learned from multiple sources. ....

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Former Bursa CEO Yusli Mohamed Yusoff passes away at age 63

KUALA LUMPUR: Former Bursa Malaysia Bhd executive director and chief executive officer Datuk Yusli Mohamed Yusoff has passed away following a battle with cancer. He was 63. ....

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Greater emphasis on board appointments in revised corporate governance code

Greater emphasis on board appointments in revised corporate governance code
The Edge
12/5/2021
Supriya Surendran
© Provided by The Edge
THE Securities Commission Malaysia’s (SC) latest update of the Malaysian Code on Corporate Governance (MCCG) places greater emphasis on good corporate governance and board leadership, especially as companies navigate a prolonged post-pandemic recovery period.
For one, the MCCG addresses issues relating to the reappointment of long-serving independent directors, which remain a concern. As at March 31, 434 independent directors serving on boards of Malaysian public-listed companies (PLCs) had tenures of more than 12 years, out of which 49 had served on the same board for more than 20 years. ....

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Felda offer of RM1.30 a share for FGV not fair, reject offer

’s five non-interested directors say the Federal Land Development Authority’s (Felda) offer of RM1.30 a share as not fair and advised minority shareholders to reject the offer.
In their recommendation on Friday, they said they have “not concurred” with RHB Investment Bank’s independent advice to accept the offer.
The non-interested directors are Datuk Yusli Mohamed Yusoff; Datuk Mohd Anwar Yahya; Datin Hoi Lai Ping; Dr Mohamed Nazeeb, P. Alithambi and Dr Nesadurai Kalanithi.
However, RHB Investment Bank said the offer is “not fair but reasonable”. It said the offer was not fair as the offer price of RM1.30 per offer share is lower and represents a discount of between 12 sen (8.5%) and 30 sen (18.8%) over the range of estimated value per FGV share derived using the sum-of-parts valuation method of between RM1.42 and RM1.60. ....

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