KUALA LUMPUR (Jan 31): Tan Sri Annuar Musa has been suspended as chairman of Majlis Amanah Rakyat (Mara) and Pelaburan Mara Bhd (PMB) with immediate effect. At a press conference at Mara headquarters here this morning, Mara board member Datuk Dr Yusof Yacob said the decision was made following an emergency board meeting today. “Tan Sri Annuar has been notified of the suspension,” said Yusof. The emergency board meeting was co-chaired by Yusof and Prof Emeritus Datuk Dr Abu Azam Md Yassin, NST Online reported. NST Online added that Yusof has been nominated by the Mara board to fulfil the duties previously carried by Annuar in both Mara and PMB, in the interim.

Source: The Edge Markets January 31, 2017 09:23 UTC