In The Edge FD: Planned exit from its loss-making liner business puts MISC in the red
HP profit plummets, CEO urges patience
Stocks to watch: Sentoria, AirAsia, Hartalega, WCT, Kencana, TSH, MISC, Perisai
China c.bank study urges current account relaxation
In The Edge FD: Economists uncertain if 2011 FDI growth sustainable
In The Edge FD: Fuel prices burn AirAsia's 4Q net profit
Categories
| Bursa fines Energreen, Kosmo directors over RM900,000 |
| Business & Market 2009 | |||
| Written by The Edge Financial Daily | |||
| Friday, 30 October 2009 00:36 | |||
|
In a statement on Oct 29, Bursa Securities said it had found Energreen and 12 directors to be in breach of several listing requirements (LRs) while the company was listed on Bursa Securities. They are former chairman Datuk Seri Prof Dr Ibrahim Saad, who was fined RM2,250, former managing director Ang Sun Beng (a total of RM240,000), Choong Khoong Beng (RM4,500), Ong Wee Meng (RM4,500), Datuk Wira Jamaludin Abd Rahim (RM5,000), former audit committee chairman Badrul Hassan Mohamed Kassim (RM16,000), group managing director Datuk Abd Ghani Ali Kadir (RM274,000), Chin Kuet Lee (RM55,200), former chairman Datuk Seri Mohd Shariff Omar (RM9,050), Datuk Chee Hong Leong (RM13,300), Soh Yew Aun (RM17,000) and Dr Roslan A Ghaffar (RM8,500). Bursa Securities also publicly reprimanded and fined two directors of another delisted company, Kosmo Technology Industrial Bhd, a total of RM257,300 for similar breaches of LRs. Bursa Securities said the breaches were also committed when the company was still listed.
|
|||
|
|