Bursa
Announcements

Able Global Berhad ("the Company") and its Board of Directors (“Board”) has been informed that its Executive Director/Executive Chairman, Mr Ng Keng Hoe, was charged on 25 March 2025 with abetment of dishonest misappropriation under section 403 of the Penal Code. He has denied the charges and claimed trial.

The charges are not directly related to the Company. The transactions mentioned in the charges relate to civil disputes in the Malaysian courts.

The Board is closely monitoring the situation. At this point, Mr Ng Keng Hoe’s administrative and executive functions remains suspended. The interim working management committee which was established to oversee executive functions of Mr. Ng Keng Hoe shall continue to support the Company’s ongoing operations.

The Company continues to operate as usual and reaffirms its dedication to upholding the highest standards of integrity, transparency and corporate governance.

Further announcements will be provided as necessary.

This announcement is dated  28 March 2025.