RCI TH: Alam Maritim confirms CEO as SPRM director
RCI TH: Alam Maritim confirms CEO detained by SPRM
Source: Kosmo! · August 17, 2026 at 9:51 PM · AI-assisted report
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KUALA LUMPUR, 18 AUGUST 2026 —
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RCI TH: Alam Maritim confirms CEO detained by SPRM
Market Impact
PETALING JAYA – Alam Maritim Resources Berhad (AMRB) confirmed that its Managing Director and Chief Executive Officer, Datuk Azmi Ahmad, has been detained by the Malaysian Anti‑Corruption Commission (SPRM). The company stated that the detention was not the result of any wrongdoing. “The board has taken the necessary steps to ensure the continuity of the group’s operations,” the company said in a statement to Bursa Malaysia issued today.
It added that the board would make further announcements if any significant developments arise.
The detention comes after SPRM’s arrest of seven individuals, including a CEO, a company director and four former senior executives of Tabung Haji, in connection with a Royal Commission of Inquiry (RCI) report concerning the institution. Only two of the suspects, including the CEO, were detained; the remaining five were released on bail due to health concerns.
Details not yet available. The incident may affect investor confidence in AMRB and could prompt scrutiny of the company’s governance practices. Market participants will be watching for any regulatory actions or changes in executive leadership that could impact the company’s operations and share price.
Looking ahead, AMRB’s board has indicated that it will maintain operational stability and comply with all regulatory requirements. The company’s future performance will depend on its ability to navigate the current legal environment and restore stakeholder trust.
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