KUALA LUMPUR (Jan 11): EVD Bhd has announced the suspension of its executive director of operations Mah Seong Huak with immediate effect.

The group, which provides information and communications technology system solutions for transportation systems, did not disclose the reason for the suspension.

In a bourse filing on Thursday, EVD said Mah has been temporarily relieved from his operational duties in the areas of project management and engineering, project tender and budget, project system engineering and business development.

The move will have no financial or operational impact on the group, it added.

In a separate filing, EVD Bhd said its wholly-owned subsidiary, EVD Engineering Bhd Sdn Bhd (EVDE), has been served with three winding-up petitions arising from Construction Industry Payment and Adjudication Act 2012 (CIPPA) claims by subcontractors totalling RM1.59 million.

The group said the winding-up petitions would come up for hearing on Feb 5 and Feb 26.

"The board is currently investigating, sourcing, retrieving the relevant documents in respect of the suit and will make a further announcement to Bursa Malaysia Securities after procuring such documents," said EVD.

The group also announced that the Session Court has awarded judgment in default of appearance to North Line Sdn Bhd over a RM600,292 claim from the group.

EVD did not provide other details about the case, but said it will make a further announcement on the matter after "the outcome of the internal enquiries, investigation, settlement with sub-contractors as well as further engagement with the company’s solicitors".

Shares in EVD closed 0.5 sen or 3.45% lower at 14 sen, giving the group a market capitalization of RM58.06 million.