KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Scan Associates Bhd and its five directors, who were also fined a total of RM350,000, for failing to make timely public disclosures regarding its Guidance Note 3 (GN3) position.
The securities trading regulator said in a statement that Scan, which is in the business of information communication technology security solutions, triggered the GN3 prescribed criteria based on its fourth quarterly report for the financial year ended Dec 31, 2014 announced on Feb 27, 2015.
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