KUALA LUMPUR, March 18 — The Public Accounts Committee (PAC) has found that UiTM Holdings Group and and its subsidiaries have yet to achieve the original objectives for...
Court of Appeal tells AGC to decide by September on representation of Zahid's acquittal in foreign visa bribery casePAC chairman Datuk Mas Ermieyati Samsudin advised UiTM to be more effective in regulating UiTM Holdings and its subsidiaries so that they generate profits and can pay dividends in line with the goals of the establishment.
In the statement released today, PAC chairman Datuk Mas Ermieyati Samsudin said that UiTM's failure to obtain the approval of the minister of finance is inconsistent with the provisions under the MARA University of Technology Act 1976 , which resulted in the takeover of UiTM Private Education Sdn. Bhd. and UiTM Technoventure Sdn. Bhd. , which is against the act.“Capital injection amounting to RM259.
In the statement, Mas Ermieyati advised UiTM to be more effective in regulating UiTM Holdings and its subsidiaries so that they generate profits and can pay dividends in line with the goals of the establishment.
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