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Matang says CFO, COO investigation is internal, not linked to regulatory probe

PUBT·10/28/2026 10:17:09
Matang says CFO, COO investigation is internal, not linked to regulatory probe
  • Matang will review CFO and COO Tan Theng Hwee's suspension on or before November 9, 2026.
  • Tan was suspended on half-pay on October 26, 2026, pending an internal investigation into governance, operational management and administrative concerns.
  • The board-initiated investigation is not linked to any external regulatory or enforcement probe.
  • No adverse findings or disciplinary determinations have been made against Tan; the investigation remains preliminary.
  • Director Adrian Lee Yin Chung oversees operational and financial continuity, with former employee Hoi Siew Chien providing interim support.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Matang Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719724) on October 28, 2026, and is solely responsible for the information contained therein.