Marked as
Last updated - January 3, 2026
User Score
Trust Score
Brand Score
Ancom Nylex Berhad is a Malaysian diversified industrial group mainly in agricultural & industrial chemicals, polymer products, animal health, logistics and IT/media services. It is listed on Bursa Malaysia and resulted from Ancom’s takeover of Nylex assets. The company adheres to corporate governance standards with whistle‑blowing.
Executive Vice Chairman
Medium Risk
Based on the available data, we suggest consumers approach this Company with caution.
This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You may face moderate risks when engaging in consumer-related activities with this entity.
Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.
This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
Employment with this entity may involve moderate risks.
Based on the available data, we recommend investors and bankers proceed with caution regarding this Company.
This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Financial involvement with this entity may carry moderate risks to your interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
Established
Jurisdiction
Headquarters
Category
Revenue FY2025
Employees
Market Cap
CEO
CFO
Chairman
Vice Chairman
Deputy CEO
Major Shareholder 1
Major Shareholder 2
Net Profit FY2025
Company Secretary
Group HR Director
Incorporation Date
Total Assets FY2025
Business Segment 1
Business Segment 2
Stock Exchange
Stock Code
MD Polymer Division
Nylex was delisted after failing to meet Bursa Malaysia’s requirements, and proposals to consolidate control via a selective capital reduction have drawn scrutiny over value returned to minority shareholders.
Recent financial results show lower profits and revenue declines across segments, which may signal operational pressures that could impact confidence.
The MACC investigation from 2019 remains a reputational factor; while no conviction is reported, the absence of clear public resolution sustains uncertainty about governance practices
News of the MACC investigation and related scrutiny coincided with share price volatility for entities linked to him, signaling investor sensitivity to governance concerns.
Nylex was delisted from Bursa Malaysia’s main board after failing to submit a regularisation plan on time, a process seen as a governance and regulatory compliance issue that reduced transparency for minority shareholders.
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
Ancom Nylex shares dropped after major shareholder Siew Ka Wei was remanded in a MACC probe.
First Detected
Sentiment Analysis
Reach
POV
Risk Factor
Type
Traffic Source
SERP
Share of Voice
Primary Keyword
Ancom Nylex linked to MACC remand over RM99M Geeko tourism contract awarded during Siew Ka Wei’s tenure.
Ancom Nylex Berhad revises reverse‑takeover deal terms, dropping private placement and subscription conditions.
Ancom Nylex Berhad reiterates business continues as usual after its executive chairman was remanded by MACC.
Ancom Nylex Berhad executive chairman remanded by MACC over alleged power abuse
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
Ultimate Beneficial Owner(s) (UBOs)
Shareholding structure
Associated entities & subsidiaries
Offshore / shell company links
Trusts / Nominee arrangements
Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
1.8
2.5
3
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
Δ
Honestly, I’m not super comfortable with the idea of investing in Ancom Nylex right now. Profits have been dropping year after year and revenue keeps sliding in several segments. It feels like they’re struggling to find stable growth, not thriving.
2/5
1/5
3/5
News mentions lower revenue and profit declines — honestly that contradicts the “growth” spin they put out.
Their business touches lots of areas — chemicals, logistics, IT — but that umbrella stuff makes it hard to trust transparency.
This company looks big and established, but the risk score says ‘medium risk’ — that’s worrying. Feels like they’re just hiding problems under corporate talk.
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