Friday, September 9, 2011

Tan Sri Zarinah Anwar A Priceless Asset To Malaysia

I think that it's only right that Tan Sri Zarinah's reputation & credibility doesn't get tarnished due to her husband's wrong doings. She has long proven to be a rare gem of this country.

KUALA LUMPUR, Sept 9 — Securities Commission (SC) chairman Tan Sri Zarinah Anwar is under pressure to investigate her husband, Datuk Azizan Abdul Rahman, for insider trading over conglomerate Sime Darby Bhd’s recent purchase of 30 per cent in property developer Eastern & Oriental Bhd (E&O).

There is also pressure on Sime to make a mandatory general offer (MGO) to E&O’s minority shareholders as the plantations-to-property group had paid a 60 per cent premium for the 30 per cent stake bought from three shareholders. Azizan, who is E&O chairman, did not sell to Sime but has been reportedly buying shares in the past few months.

No comments: