News
Clarification On News Article Featured In The Edge CEO Morning Brief On 12 June 2025
Type | Announcement |
Subject | OTHERS |
Description | HSS ENGINEERS BERHAD ("HEB" OR "THE COMPANY") - CLARIFICATION ON NEWS ARTICLE FEATURED IN THE EDGE CEO MORNING BRIEF ON 12 JUNE 2025 |
We refer to the news article titled “HSS Engineers denies involvement in drawdown of RM1.3 bil MEX II sukuk under MACC probe” published by the Edge CEO Morning Brief on 12 June 2025 (the “Article”).
The Article reported that HEB denied involvement in the drawdown of funds from the RM1.3 billion sukuk financing for the Lebuhraya Putrajaya-KLIA (MEX II) project (“Project”), which is currently under investigation by the Malaysian Anti-Corruption Commission (“MACC”). The Article also stated that HEB served as the design consultant for the project.
HEB clarifies that the appointed entity was HSS Integrated Sdn Bhd, an associate of HEB, engaged by Maju Holdings Sdn Bhd in 2016 to provide design consultancy and construction supervision services for the Project.
As the MACC’s investigation against MEX II is ongoing, the Company is not in a position to comment further beyond the clarification provided above and the publicly available information contained in the Article.
HEB reaffirms its commitment to transparency, integrity and ethical conduct. HEB has extended its full cooperation to MACC in connection with the MEX II investigation and will continue to do so.
HEB also confirms that this matter has no material financial or operational impact on HEB or its group of companies.
This announcement is dated 13th June 2025.
Please refer attachment below.
Announcement Info
Company Name | HSS ENGINEERS BERHAD |
Stock Name | HSSEB |
Date Announced | 13 Jun 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-12062025-00031 |
Attachments
- The_Edge_News_Article_-_HSS.pdf (Size: 188,686 bytes)