GIIB needs more time for investigation against suspended director

KUALA LUMPUR: GIIB Holdings Bhd said its newly set up investigative committee to oversee the investigation process into the allegations against its executive director Wong Weng Yew, requires more time.

“Given that the investigative committee was only set up on April 18, the investigative committee requires more time to seek proposals from the independent audit firms to investigate the above matter,” the rubber and rubber-related compounds manufacturer said in a Bursa filing.