From Lagenda briefing:

The board of directors has made aware that a senior personnel has been remanded by MACC for investigation. The board had a meeting earlier in the day and has assessed the implications. Operations of the group remained BAU with Andy Chua (current Executive Director who oversees all operational functions) taking the leadership role. The board and senior management will be providing all assistance to the relevant authority for investigation if need be.

The information that the board had is that it does not involve Lagenda and the subsidiaries; only 1 person remanded. There is no board investigation on other land acquisitions. There is no action by the authority with regards to the assets.

No RPT between Lagenda and Epicon.