KUALA LUMPUR: Nationgate Holdings Bhd
has denied any involvement in an ongoing fraud case in Singapore related to the alleged movement of Nvidia chips.
In a filing with Bursa Malaysia, the company said the matter concerned a Nvidia Cloud Partner that is not connected to the group.
“We remain committed to transparency and compliance with all relevant regulations and will continue to monitor the situation closely,” it said.
Responding to Bursa’s query on unusual market activity in its shares yesterday, NationGate said it was unaware of any possible explanation for the trading activity.
The company added that there were no corporate developments involving it or its subsidiaries that had not been previously announced, including those at the negotiation or discussion stage, that could account for the share price movement. — Bernama
