KL-based Jatronics Sdn Bhd is accused of shipping vital electronic parts to Russia which can be used in missiles, jets and drones. (Pixabay pic)
PETALING JAYA: The investment, trade and industry ministry has clarified that Jatronics Sdn Bhd does not operate as a semiconductor manufacturer in Malaysia.
Instead, it said in a statement that the company functions as a trading company engaged in the wholesale trading of semiconductor products and fabrication services.
The ministry also said Malaysia enforces strategic trade management (STM) through the Strategic Trade Act (STA) 2010, regulating the export, transit, transshipment, and brokering of strategic items, particularly those with potential military applications.
“Based on records, Jatronics is not a registered company under STA 2010 and has not applied for export permits,” it said.
Miti also said Malaysia adheres to multilateral sanctions and the “restricted or prohibited end-user list” under United Nations Security Council Resolutions (UNSCR).
“Russia has not been listed by UNSCR and therefore is not included under STA 2010,” it said.
Miti’s confirmation comes a day after second finance minister Amir Hamzah Azizan said he was made to understand that the Malaysian company was not a semiconductor producer but a trading company that sells semiconductor-related hardware.
It was previously reported that the US had imposed sanctions on Jatronics for allegedly supplying Russia’s military with crucial electronic components.
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