KUALA LUMPUR, March 5 (Bernama) -- The Board of Directors (BoD) of WRP Asia Pacific Sdn Bhd (WRP) today announced the appointment of Tan Sri Dato’ Seri Musa bin Tan Sri Hj Hassan, the former Inspector-General of Police, as an Advisor on Regulatory Compliance and Security, to ensure adherence to Malaysia's regulatory requirements.
The BoD which gained possession of the company in January this year, has, with the help of forensic auditors uncovered substantial legacy issues. These include discrepancies relating to regulatory compliance in the employment of workers and the misappropriation of WRP's funds, which are expected to require extensive investigation and remedial measures.
The BoD has mandated Tan Sri Dato’ Seri Musa and his experienced team of professionals to join the BoD's turnaround team to assess the company, its affiliates and subsidiaries on all regulatory and security-related matters.
With this new development, the BoD has marked another milestone to ensure an expeditious and effective turnaround of WRP.
SOURCE: Chimera Brand Relations
FOR MORE INFORMATION, PLEASE CONTACT: Chimera Brand Relations
Name: Abiramy Chelvam
Tel: +60172763841
Email: abi@chimera.com.my
--BERNAMA