Asia
Padini Holdings Frozen Bank Accounts Reactivated
Padini Holdings (KLSE:PADINI) said all bank accounts of the company that were frozen under a Malaysian Anti-Corruption Commission investigation, have been unfrozen, according to a Thursday filing with the Malaysian Exchange.Additionally, no director, officer, employee or representative has been arrested or charged with any offense arising from the matter.The clothing company first disclosed the account freeze in a statement on April 25, maintaining innocence in any wrongdoing or improper conduct.
KLSE:PADINI
