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NationGate Clarifies MACC Probe Limited To Non-major Subsidiary

NationGate Clarifies MACC Probe Limited To Non-major Subsidiary

Barnamaa day ago
KUALA LUMPUR, July 17 (Bernama) -- NationGate Holdings Bhd clarified that the investigation by the Malaysian Anti-Corruption Commission (MACC) is limited to its subsidiary NationGate Solution (M) Sdn Bhd.
In a Bursa Malaysia filing today, the electronics manufacturing services company said that an order to inspect, search and seize under Section 31(1) of the Malaysian Anti-Corruption Commission Act 2009 from MACC was issued to NationGate Solution.
'To our best knowledge, the raid does not involve any specific board members or senior management.
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