HHRG suspends CEO for 2 weeks pending outcome of internal investigation

PETALING JAYA: HHRG Bhd’s chief executive officer Fong Chee Khuen has been suspended with immediate effect for a period of two weeks, pending the outcome of an internal investigation.

In a filing with Bursa Malaysia, the biomass material manufacturer said the suspension is a precautionary measure to facilitate an independent and thorough review into allegations of misconduct in breach of the company’s policies and / or the express and / or implied terms and conditions of Fong’s employment.

Fong’s suspension will have no impact on the financials or operations of the Company.

During the period of his suspension, HHRG said executive deputy chairman Datuk Paduka Ammar Shaikh Mahmood Naim will assume full authority over all operational and managerial matters of the company.

Last month, the company announced that it had suspended the managing director, production manager and finance and human resource manager of its 51%-owned subsidiary, MG Furniture Sdn Bhd, to facilitate internal investigations.