KUALA LUMPUR, Nov 13 — The Investment, Trade and Industry Ministry (Miti) said today it had never cleared Singapore-based Megaspeed International Pte Ltd or its Malaysian affiliate, Speedmatrix Sdn Bhd.
The ministry said it was working with the Royal Malaysian Customs Department to determine whether any chips imported by the companies had subsequently been re-exported to other countries, and whether the transactions complied with Malaysian law.
Miti clarified that Speedmatrix was a tenant at data centres in Malaysia and that any verification visits conducted at the facilities were part of its routine monitoring of the sector, not an endorsement or clearance of the company.
“Any suggestion otherwise is inaccurate,” the ministry said in a statement today.








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