The Ministry of Investment, Trade and Industry (MITI) said that it never cleared Megaspeed International Pte Ltd (Megaspeed) or its Malaysian affiliate, Speedmatrix. The Ministry said that the latter was known to be operating as a tenant at datacentres in Malaysia and that any verification visits of said facilities in the country were part of its regular sector monitoring, and that “these visits should not be taken to mean that a company has been cleared.”
“Malaysia will carry out its own checks independently, in accordance with Malaysian law and based on the evidence available”. MITI also said that it is now working with the Royal Malaysian Customs Department to determine whether any of the AI chips brought into the country for or via Speedmatrix were re-exported to other countries, and if so, whether they complied with the law.
