KUALA LUMPUR (Jan 19): Betamek Bhd said investigations by the Malaysian Anti-Corruption Commission (MACC), which summoned its managing director Mirzan Mahathir for questioning, have nothing to do with the company.
“As such, Betamek operates its business as usual without any interruption in our production and delivery of Betamek's products to our customers,” it said in a bourse filing on Friday.
On Wednesday, MACC summoned Mirzan, the son of former two-time prime minister Tun Dr Mahathir Mohamad, to assist with an ongoing investigation based on information from the Panama Papers, as well as into his business activities involving the sale and purchase of government-linked companies (GLCs).
The MACC said Mirzan arrived at its headquarters at 9.30am on Wednesday, and a notice order was delivered under Section 36(1)(b) of the Malaysian Anti-Corruption Commission Act 2009 (MACC Act) which required him to declare all movable and immovable assets in his possession, whether inside or outside the country.
Shares in Betamek finished unchanged at 40 sen, giving it a market capitalization of RM177.8 million.