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The Malaysian Anti-Corruption Commission has arrested a former chief executive and chief financial officer in connection with suspected misconduct in a RM370 million plantation deal, marking another significant enforcement action against corporate leadership.
Kyrgyzstan has inaugurated the Tamchy Special Financial Investment Territory on the shores of Lake Issyk-Kul, positioning itself as a strategic gateway for Malaysian corporations and international investors into Central Asian and Eurasian markets.
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Malaysia's anti-corruption agency has closed its inquiry into HG Power Transmission, a unit 86.8% owned by Rohas Tecnic Bhd, finding no violations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.
Rohas has announced through a stock exchange filing that the Malaysian Anti-Corruption Commission has concluded its investigation into subsidiary HG Power Transmission, with all seizure orders now revoked.