The Malaysian Anti-Corruption Commission (MACC) has revoked seizure orders on the bank accounts of a Rohas Tecnic unit and its officers, effectively unfreezing assets that had been locked under anti-money laundering provisions.
The move comes shortly after the High Court declined to extend restriction notices on the same accounts, a decision that had prompted legal observers to question the basis for continued enforcement.
The revocation suggests the commission is aligning its actions with the judiciary's stance, potentially reducing immediate operational friction for the company.
Rohas Tecnic, a Malaysian engineering and construction firm, has faced scrutiny in recent months as part of broader regulatory probes.
The lifting of the freeze removes a significant liquidity constraint for the unit and its management, though it does not necessarily conclude the underlying investigation.
Investors should monitor whether this development leads to a broader resolution of the case or if further legal challenges remain.