New_suit,_‘coup’_claim_intensify_Cahya_Mata_Sarawak’s_issues_

Free Malaysia Today

Mahmud Abu Bekir Taib says he is being denied his right as director to inspect the accounting records of Cahya Mata Sarawak Berhad and its subsidiaries.   Read More: https://www.freemalaysiatoday.com/category/nation/2025/03/22/new-suit-coup-claim-intesify-cahya-mata-sarawaks-issues/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #CahyaMataSarawak #MahmudAbuBekirTaib #SulaimanAbdulRahmanTaib

Transcript

00:00Mahmood Abubekir Taib has expressed shock and annoyance after learning that Chahiyah

00:06Mata Sarawak Berhad has initiated fresh legal action against him and six others over alleged

00:12breaches tied to the company's digital transformation project.

00:16The announcement follows a recent claim by Chahiyah Mata's group managing director

00:20Sulaiman Abdul Rahman Taib that he may also be the victim of a boardroom coup at the hands

00:25of Mahmood.

00:26Mahmood told FMT he was confident he will be vindicated in court.

00:30He also said the development has emboldened him in his quest to set things right at Chahiyah

00:34Mata Sarawak.

00:36The new suit comes just over a week after Sulaiman filed an affidavit on Chahiyah Mata's

00:41behalf last week opposing Mahmood's application for access to the accounting records and other

00:46documents of five wholly-owned Chahiyah Mata subsidiaries.

00:50Mahmood, 61, and Sulaiman, 56, are sons of the late Abdul Taib Mahmood, Sarawak's former

00:57governor and chief minister.

00:59On March 5, Mahmood filed an originating summons under sections 245, subsections 4 and 8 of

01:05the Companies Act 2016 which allowed directors to inspect company records and empowered the

01:11court to allow an auditor access to the documents provided the information acquired is only

01:16shared with that director.

01:18Mahmood says the restrictions imposed on him by the company are calculated to deny him

01:23his right to access the records.

01:25Sulaiman, however, claims that Mahmood is looking to remove him as a director.

01:30He also accuses Mahmood of seeking access with the ulterior purpose of benefiting third

01:34parties who are involved in various lawsuits with the Chahiyah Mata group.

01:39He also argues that Mahmood's right to inspect the documents was not absolute and that it

01:43no longer exists as he was no longer a director of the subsidiaries at the time his application

01:48was filed.

01:49Dhanushwaja Reza, FMT.

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