Business

Jovian denies being appointed as lingerie company’s EVC

Prime minister’s son-in-law says claim made was false, will seek legal advice on matter

Updated 4 years ago · Published on 17 Jun 2022 4:15PM

Jovian denies being appointed as lingerie company’s EVC
Jovian Mandagie said the announcement made by Caely Holdings in relation to his appointment was false, untrue and misleading to the public. – JM Couture pic, June 17, 2022

KUALA LUMPUR – Datuk Jovian Mandagie has stated that lingerie maker Caely Holdings Bhd had made a false announcement to Bursa Malaysia on June 14, 2022 regarding his alleged appointment as the company’s executive vice-chairman (EVC). 

In a statement today, Mandagie said he has not executed any forms and/or agreements indicating his acceptance of the said appointment.

“I did attend a meeting with a representative of Caely Holdings, Datuk Loh Ming Choon, on June 13, 2022 to discuss a potential collaboration with the company. 

“The said representative had also offered a seat on the board of Caely Holdings, as the EVC of the company, with the purpose to revamp and/or expand the company’s garment division, to which, no definitive verbal agreement had been reached,” he said.

Mandagie said the announcement made by Caely Holdings in relation to his appointment was false, untrue and misleading to the public.

“The false announcement made by Caely Holdings, as a publicly listed company, regarding my appointment as the EVC has tarnished my corporate, business and personal reputation.

“I take this matter seriously and I will be seeking legal advice on this matter to pursue all means necessary to report such wrongdoing to the relevant authorities,” he added. – Bernama, June 17, 2022

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