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

Reuters

5 June 2017 at 11:33 pm

(Repeats to attach to alerts)

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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