KUALA LUMPUR: TH Plantations Bhd has dismissed its chief financial officer (CFO) Mohamed Azman Shah Ishak from office.
This follows Azman’s nearly two-month suspension after he was served a show-cause letter on August 9.
The suspension was related to findings arising from the recent forensic audit.
“The company has evaluated the reply to the show-cause letter submitted by Azman. After due deliberation, the company has decided to dismiss the CFO from office,” TH Plantations said in a filing to Bursa Malaysia.
A letter to that effect had been sent to the CFO today, it added.
The firm said finance assistant general manager Marliyana Omar and finance senior manager Hamidah Hassan would carry out the responsibilities and functions of the CFO.