PETALING JAYA: The board members of Golden Plus Holdings Bhd have been publicly reprimanded and fined a total of RM1.4mil by stock exchange regulator Bursa Securities for failure to appoint PricewaterhouseCoopers as a special auditor (as directed) and to allow the special auditor to proceed with special audit work.
Bursa Securities said in a media release yesterday that the company had failed to comply with the directives and also failed to retract a resolution from the AGM notice dated Sept 7, 2010 seeking shareholders' approval to comply with the directive to appoint PricewaterhouseCoopers as well as failed to update shareholders on the matter.