Ancom, Ancom Logistics, Nylex slide after MACC remands Siew Ka Wei

TheEdge Thu, Jan 10, 2019 11:07am - 5 years View Original


KUALA LUMPUR (Jan 10): Companies linked to former Tourism Malaysia chairman Datuk Siew Ka Wei continued to slide this morning following his four-day remand by the Malaysian Anti-Corruption Commission.

As at 10.15am, Ancom Bhd declined 2.5 sen to 44.5 sen, Ancom Logistics Bhd edged down half a sen to 8.5 sen and Nylex (M) Bhd eased two sen to 61 sen.

Siew is the executive chairman of Ancom, executive vice-chairman of Ancom Logistics and group managing director of Nylex.

The companies issued three separate filings to Bursa Malaysia yesterday, assuring shareholders that business remained unaffected by the remand.

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