Penang should learn from Selangor on how to go from backend chip manufacturing to front-end design work, says Guan EngIn a statement today, SSM said the move was a follow-up to the investigations it is currently undertaking on the companies under East West One Group Sdn Bhd .
“The order letter was sent to Pacific Trustees Bhd, the trustee for EWOG, on April 5, 2024 aimed at safeguarding the interests of investors in the schemes. It is a follow-up to the proposal by EWOG as the main holding company to carry out a recovery and restructuring plan for the schemes by utilising funds in the trust accounts,” it said.
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