For context, the amounts misappropriated were equivalent to 0.9%, 2.7% and 0.5% of Intraco's profit after tax for those three years. The sum is also equivalent to 0.2% of its net asset value as at Dec 31 2025.
Intraco, following internal probes, has discovered misappropriation of $99,300 by an unnamed "key management personnel" who left last May.
Based on what it has uncovered so far, the misappropriation took place in the financial years FY2023 to FY2025.
