KUALA LUMPUR: Able Global Bhd
has confirmed that its CEO/executive director, Edward Goh Swee Wang, has been released from remand after assisting the Malaysian Anti-Corruption Commission (MACC) with its ongoing investigation into matters concerning the private company affairs of its chairman/executive director Ng Keng Hoe.
“The company reiterates that its CEO was remanded solely to facilitate the investigation and is not in a position to comment on the ongoing investigation.
“He has since resumed his duties and business operations of the company continue as usual,” the dairy manufacturer and tin can maker said in a statement.
Able Global has also been informed that Ng has been released from remand by the MACC.
The counter closed flat at RM1.51, with 1.28 million shares traded. Over the past five trading days, it has dropped by more than 16%.
