OTHERS IRE-TEX CORPORATION BERHAD ("IRETEX" or "the Company") - Investigation pertaining to Zoomic Automation (M) Sdn Bhd ("Zoomic")

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
IRE-TEX CORPORATION BERHAD ("IRETEX" or "the Company")  
- Investigation pertaining to Zoomic Automation (M) Sdn Bhd ("Zoomic")

The Company wishes to announce that the Company had received a letter dated 11 May 2017 from Royal Malaysian Police, the Commercial Crime Investigation Department informed that the police report made by Mr Soo Tee Wei (“Mr Soo”) on 17 January 2017 has been classified as a Criminal Breach of Trust case under s. 409 of the Penal Code and investigation papers have been opened. The case is still under investigation.

 

The details of the Police Report made by Mr Soo were as follows:

 

1.The Directors of Zoomic were Abdul Rahim bin Abdul Hamid (“En Rahim”) , Dato’ Dr Yap Tatt Keat, Kong Hon Kay (“Mr Kong”), Mr Soo and Christopher Purcell (“Mr Christopher”);

 

2.There were unauthorised sale of machineries between August 2016 to October 2016 and on 28 November 2016, it was discovered that all the machinery and equipment in the Bayan Lepas premise were missing; and

 

3.The Company has previously announced En Rahim, Mr Christopher and Mr Soo had resigned on 24 November 2016, 13 February 2017 and 13 March 2017 respectively. On 8 February 2017, Mr Kong was re-designated as a Non-Independent and Non-Executive Director

 

Further announcement(s) to Bursa Malaysia Securities Berhad on any material development on the above will be made in due course.

 

This announcement is dated 12 May 2017.






Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 12 May 2017
Category General Announcement for PLC
Reference Number GA1-12052017-00096