Caely Holdings BHD, a leading domestic producer of women’s intimate apparel, announced that Independent Non-Executive Chairman, Datuk Seri Mazlan Lazim, and En. Azri Azerai, an Independent Non-Executive Director of the Group, has resigned effective 25 April 2022 from the board of directors.
Azri Azerai
Caely Independent Non-Executive Chairman, Datuk Seri Mazlan Lazim said, “I would like to thank the board for welcoming me and giving me the opportunity to serve the Group. I am honoured to have helmed the board and worked beside my fellow directors. I wish the Group all the best in their future endeavours.”
Independent Non-Executive Director En. Azri Azerai said, “I joined the board of Caely with the intention of assisting in the expansion of the Group’s existing business by giving my perspectives and to help seek opportunities through my network. The recent issues that have cropped up may have affected my ability to further assist the Group and I have made the decision to resign. I would like to express my thanks to the board and wish the Group well in their future undertakings.”
Caely Holdings Bhd, a leading domestic producer of women’s intimate apparel, takes note of the order to freeze all the Group’s bank accounts and wishes to reassure all stakeholders that measures are being explored to ensure business continuity and sustainability.
Caely Executive Director and Chief Executive Officer Mr. Lim Chee Pang
Caely Executive Director and Chief Executive Officer Mr. Lim Chee Pang said, “The unfreezing or partial unfreezing of the bank accounts are our top priority. We are exploring all avenues to resolve this issue, as we need to ensure that business operations can sustain.”
“We are answerable to our shareholders for how the business is run. The Board of Directors is monitoring the situation closely too and is working with the management on the unfreezing of the bank accounts.”
“We can confirm that we are in contact with the authorities and will extend whatever cooperation or assistance is needed for the matter to be resolved,” Lim said.
The management is at this juncture still assessing the impact from the order to freeze the bank accounts. “We are working on the next steps, which also include measures to ensure that daily operations are not disrupted. The livelihoods of Caely employees as well as our suppliers and vendors are at stake,” Lim said.
The Group also understands the concerns of stakeholders and is working as speedily as it can to resolve any issue arising from the freezing of the bank accounts and will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments.
