SC charges ex-Linear Corp director over false statement


KUALA LUMPUR: The Securities Commission (SC) has charged a former director of Linear Corp Bhd for authorising a false statement to Bursa Malaysia Securities Bhd.

The statement on December 29, 2009 to Bursa Malaysia was about Linear’s wholly owned subsidiary LCI Global Sdn Bhd bagging a RM1.6bil construction project from Global Investment Group, for a district cooling plant of 350,000 RT (refrigeration tonnes) in Manjung, Perak.

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