The Board of Directors (“the Board”) of the ENCORP wishes to announce that the GCEO, Encik Hazurin Bin Harun, has been charged by the Malaysian Anti-Corruption Commission ("MACC") on 14 November 2024 with two counts of criminal breach of trust under Section 409 of the Penal Code.
The Company notes that the GCEO has denied the charges and claimed trial. The Board of Directors of the Company is closely monitoring the situation and is committed to supporting the proper course of justice including by appointing legal counsel to hold a watching brief in court.
At this point, Encik Hazurin Bin Harun remains suspended. As the Company is continuing its internal investigations, the appropriate action will be taken. Further updates will be provided as necessary.
This announcement is dated 15 November 2024.