M&A Equity CEO of asset unit put on leave over Next Lion, Zetrix links

M&A Equity Holdings has placed Sean Yap Shon Leong, CEO of its 75%-owned asset management subsidiary M&A Asset Management Malaysia, on administrative leave from Sept 8, 2026 while the board runs an independent review of his personal involvement with Next Lion Holdings and its group. The company said Yap acted in a personal capacity, that Next Lion is not part of the group, and that the matter has no financial or operational impact; the Securities Commission Malaysia has been notified.