Date : 09 January 2019

OTHERS "NYLEX (MALAYSIA) BERHAD (Nylex or Company): Business As Usual"


Type Announcement
Subject OTHERS
"NYLEX (MALAYSIA) BERHAD (Nylex or Company):
Business As Usual"

The Board of Directors (“Board”) of Nylex wishes to announce that the Malaysian Anti-Corruption Commission (“MACC”) has been granted a 4-day remand order involving the Company’s Group Managing Director, Dato’ Siew Ka Wei (“Dato’ Siew”), to assist MACC in its investigation during Dato’ Siew’s tenure as Chairman of the Tourism Board of Malaysia.


The Board has convened an Emergency Board Meeting this afternoon to assess the implications of the above on the Group’s operations, its shareholders and other stakeholders who may be affected directly and indirectly and to determine the possible course of action to be taken.


The Board wishes to inform the shareholders and other stakeholders that the operations of the Group remain unaffected by the above event. The Group’s various operating units have been and are under the care of the various Unit Heads with proven track record.


This announcement is dated 9 January 2019.

Announcement Info

Stock Name NYLEX
Date Announced 09 Jan 2019
Category General Announcement for PLC
Reference Number GA1-09012019-00040