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Over the past few years, Mayu Global Group Bhd (KL:MAYU), which is in the manufacturing of steel products and property development, has been in the limelight for the wrong reasons.
Mayu Global Group Bhd (KL:MAYU) said a RM24 million compound imposed on its 80%-owned unit Sunrise Manner Sdn Bhd (SMSB) was linked to a money laundering investigation involving a director of the subsidiary.
KUALA LUMPUR: Mayu Global Group Bhd's 80%-owned subsidiary, Sunrise Manner Sdn Bhd (SMSB), has been served with a compound notice by Bukit Aman under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Corporate leaders face legal scrutiny over construction delays and mismanagement, including Abu Sahid Mohamed's involvement in the Maju Expressway II project and Tan Kim Hee's role in a money laundering investigation tied to a failed Ponzi scheme.
Mayu Global Group Bhd has announced that it is currently seeking legal advice regarding the freeze order issued by the Malaysian Anti-Corruption Commission concerning the bank accounts of its subsidiary, Sunrise Manner Sdn Bhd (SMSB).
KUALA LUMPUR (Oct 1): Here is a brief recap of Wednesday’s key business news and corporate announcements:
Public Bank Bhd (KL:PBBANK) has launched a RM10 billion commercial paper programme to help raise short-term funds over the next seven years. The bank has submi...
KUALA LUMPUR: Mayu Global Group Bhd mengumumkan pihaknya sedang mendapatkan nasihat perundangan mengenai perintah pembekuan yang dikeluarkan Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) berkaitan akaun bank anak syarikatnya Sunrise Manner Sdn Bhd (SMSB).
Steel products maker Mayu Global Group Bhd (KL:MAYU) said it has yet to receive details on the circumstances or allegations that led to the Malaysian Anti-Corruption Commission (MACC) summoning a director of its 80%-owned subsidiary, Sunrise Manner Sdn Bhd, and freezing the subsidiary's bank accounts.
KUALA LUMPUR: Mayu Global Group Bhd announced that it is currently seeking legal advice regarding the freeze order issued by the Malaysian Anti-Corruption Commission (MACC) concerning the bank accounts of its subsidiary, Sunrise Manner Sdn Bhd (SMSB).
PETALING JAYA: Mayu Global Bhd has announced that the Malaysian Anti-Corruption Commission (MACC) has summoned a director of its 80%-owned subsidiary, Sunrise Manner Sdn Bhd (SMSB), to assist in an ongoing investigation.
KUALA LUMPUR: Pengeluar produk keluli, Mayu Global Bhd memaklumkan bahawa seorang pengarah di anak syarikat 80 peratus miliknya, Sunrise Manner Sdn Bhd dipanggil oleh Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) bagi membantu siasatan yang sedang dijalankan.