THE KLSE has publicly reprimanded MBf Capital Bhd for breaches of Section 33 of the main board Listing Requirements for failing to make immediate announcements in respect of the winding-up petitions served on MBf Capital and its wholly-owned subsidiary, MBf Leasing Sdn Bhd by Southern Investment Bank Bhd on May 23, 2001.
The company announced the winding-up petitions in its quarterly results for the period ended March 31, 2001 which was released on May 31, 2001, after a delay of six market days.