Authorities issue freeze order on Caely bank accounts


KUALA LUMPUR: Caely Holdings Bhd has announced that the authorities have frozen the operations of all the bank accounts of its group of companies.

The lingerie manufacturer said in a bourse filing that it expects an impact on the financial and operational aspects of the group, although it is unable to ascertain the extent of the impact at this juncture.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Caely , freeze order

   

Next In Business News

Bank Negara adds four companies to Financial Consumer Alert list
Nissan cuts annual operating profit estimate by 14.5% on lower sales
Oil surges as reports of Israeli strike on Iran roil markets
Bitcoin slides below US$60,000 on reports Israel strikes Iran
Stocks sink, oil jumps after Israeli attack on Iran
Yinson Production successfully places US$500mil bond issue
EG Industries expands partnership with US-based R&D firm
FBM KLCI rises despite broader market decline
Malaysia's exports rise in 1Q to RM362.41bil
Malaysia's economy likely grew 3.9% y-o-y in Q1 - advance estimate

Others Also Read