Miti to probe report of sanctions on semiconductor firm


KUALA LUMPUR: Following a report that the United States has imposed sanctions on a Malaysian company involved in semiconductors, the Investment, Trade and Industry Ministry (Miti) says that it will investigate the matter thoroughly before anything else.

Finance Minister II Datuk Seri Amir Hamzah Azizan said Miti, being the coordinating agency, needs to do an in-depth study on the matter as the company is among about 300 entities that were slapped with US sanctions.

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