Bursa reprimands Eksons over inaccurate quarterly report

Affin Hwang Investment Bank Vice President/Head of Retail Research Datuk Dr Nazri Khan Adam Khan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) would remain buoyant and touch 1,730.

PETALING JAYA: Bursa Malaysia has publicly reprimanded Eksons Corp Bhd for failing to ensure that its third quarterly report for the financial year ended Dec 31, 2014 was factual, clear and accurate.

The stock exchange operator said Eksons is also required to review and ensure the adequacy and effectiveness of its financial reporting function and carry out a limited review on its quarterly report submissions.