KUALA LUMPUR: Caely Holdings Bhd, which has appointed an independent forensic auditor, is unable to ascertain the financial and operational impact at this juncture until the forensic audit investigation is completed.

       Last week, the lingerie manufacturer appointed Virdos Lima Consultancy (M) Sdn Bhd as its independent forensic auditor to look into allegations of suspicious and irregular transactions at its wholly-owned subsidiary Caely (M) Sdn Bhd (CMSB).

       “The company shall update accordingly on the forensic audit investigation progress.

       “Upon receipt of the forensic audit report, the company will take all necessary recourse available under the law upon taking further legal advice,” Caely said in a filing with Bursa Malaysia.

       The company said one of the independent non-executive directors received an anonymous package containing documents raising concerns about several suspicious transactions involving CMSB.

       The investigation is expected to be completed by May 31, 2022.