QUIETLY (and thankfully), it stopped. At one time, Bursa Malaysia's range of enforcement actions included slapping fines on companies that breached the exchange's listing requirements. Eventually, it dawned on the authorities that when the listed companies were asked to pay fines because the management had done wrong, the minority shareholders ended up being penalised twice, especially when the companies were in financial difficulties.
It was bad enough that these shareholders had put money in businesses that were not run well, but what was worse was that the companies' funds were further depleted to pay the regulator for the sins of the management.