TH Plantations Upholds Decision to Terminate CEO

MT Newswires Live

2025/09/19

TH Plantations (KLSE:THPLANT) has rejected Mohamed Zainurin bin Mohamed Zain's appeal against the termination of his contract, according to a Thursday Malaysian bourse filing.

Shares gained about 2% in Friday's midday trade.

The executive was accused of misconduct involving unauthorized payments totalling about 5.1 million ringgit made to plantation workers.

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