HEADLINES

Mahmud Abu Bekir Taib

Cahya Mata secures overwhelming shareholder backing despite financial strain, family feud

Near-unanimous AGM vote comes as the Sarawak conglomerate faces weak earnings, legal disputes and mounting scrutiny on its phosphates venture

High Court rejects Cahya Mata’s ad-interim injunction against Mahmud Abu Bekir

Company’s request to bar director from board meetings dismissed, further case management set for June 15

High Court sets May 20 to rule on Mahmud Abu Bekir’s director rights in Cahya Mata Sarawak dispute

Decision will determine if he can challenge the company’s injunction in bringing a derivative action

Cahya Mata deputy group chairman raises governance concerns over redesignation

Datuk Seri Mahmud Abu Bekir Taib claims he was excluded from board deliberations and informed only via public announcement, prompting plans to seek regulatory scrutiny over due process and disclosure practices

Timbalan pengerusi Cahya Mata dakwa lembaga guna ‘konflik kepentingan’ untuk elak pengawasan

Datuk Seri Mahmud Abu Bekir Taib mendakwa pengecualiannya daripada mesyuarat penting telah menjejaskan pengawasan kewangan

Popular

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

Short-lived La Niña expected in early 2026, but stable weather to follow

MetMalaysia forecasts cool conditions and brief shifts in rainfall patterns before returning to normal

38% of AirAsia flights delayed in 2024: Loke

Minister outlines measures to improve on-time performance, including incentives, penalties, and full refunds for major delays