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CEO of Malaysia's Felda won't comply with chairman request to resign -letter
June 6, 2017 / 3:31 AM / 4 months ago

CEO of Malaysia's Felda won't comply with chairman request to resign -letter

KUALA LUMPUR, June 6 (Reuters) - The chairman of Malaysia’s Felda Global Ventures Holdings Bhd has asked Chief Executive Zakaria Arshad to resign - a request that he has refused, according to a letter by Zakaria that was seen by Reuters.

A spokesman for Felda, the world’s third largest palm plantation operator, said that the board had asked for Zakaria to take a leave of absence effective immediately.

Reporting by Emily Chow; Editing by Edwina Gibbs

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