MyEG rebounds 24.77% after clarifying it is not part of MACC probe

PETALING JAYA: MyEG Services Bhd which was the most active counter at early trade, rose as much as 24.77% to RM1.41, after clarifying that it is not subject to the probe by the anti-graft body.

At 10.39am, the stock was trading at RM1.38 with 117.94million shares done.

The company told Bursa Malaysia on Friday that it had received a letter from the Malaysian Anti-Corruption Commission (MACC) confirming and clarifying that MyEG and its board of directors are not under the investigation and are not a party to the investigation leading to the charges against former Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

MyEG also said that it had no knowledge of Mastoro Kenny IT Consultant & Services, the company which was named in the charge sheets against Ahmad Zahid who held the portfolio of Home Ministry during his time in office—as gratifying him to secure MyEG projects.

The Bagan Datuk lawmaker faced 45 charges comprising of money laundering, criminal breach of trust and corruption.

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