• Matang suspended CFO and acting COO Tan Theng Hwee effective October 26, 2026, pending an internal investigation.
• The probe covers governance, operations and management conduct; it remains preliminary, with no findings of wrongdoing against Tan.
• The suspension is a neutral administrative measure, not a disciplinary sanction or finding of liability.
• Consultant/advisor Hoi Siew Chien will temporarily assume Tan's duties to maintain management continuity.
• No material financial or operational impact is expected for the fiscal year ending June 30, 2027.

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: 3718631) on October 26, 2026, and is solely responsible for the information contained therein.