Isa Samad no longer FGV chairman

Felda Global Venture (FGV) announced the resignation of Tan Sri Isa Samad as Chairman with immediate effect.

In a filing to Bursa Malaysia, the company said he has “ceased as his appointment as government-appointed director to focus on his personal undertakings”.

Meanwhile the Prime Minister’s Office in a statement stated that Isa has been appointed as Land Public Transport Commission (SPAD) Acting Chairman.

Isa owns 180,000 unit of FGV shares, currently valued at RM1.85 per share.

In another filing to Bursa Malaysia, FGV also announced the redesignation of Tan Sri Sulaiman Mahbob as a FGV acting chairman.

PMO in a separate statement informed that Sulaiman is now the acting Chairman of FGV.