PETALING JAYA: MMAG Holdings Bhd
says the freezing restrictions imposed on certain bank accounts of the group by the police have been lifted.
In a filing with Bursa Malaysia, the company said the restrictions were previously imposed by the Royal Malaysia Police’s Anti-Money Laundering Crime Investigation Team.
On March 10, MMAG announced that several of its bank accounts had been frozen by the police, with the restrictions in place since late last year.
The company subsequently issued another announcement on March 17, 2026, regarding the frozen accounts.
For its first quarter ended June 30, 2026, MMAG reported a net loss of RM9.42mil, on revenue of RM166.09mil.
In light of the change of financial period from 18 months ended Sept 30, 2024 to 18 months ended March 31, 2026, there were no comparative figures for the preceding period-to-date.
