PETALING JAYA: Seacera Group Bhd
, a tile manufacturer and property company, has been publicly reprimanded by Bursa Malaysia for the violation of a disclosure rule when reporting one of its quarterly financial results.
The equity market regulator said yesterday the public reprimand against Seacera was in respect of the company’s fourth quarter (Q4) report for the financial year ended Dec 31, 2016. The report, which was announced on Feb 28 last year, was found to have contravened paragraph 9.16(1)(a) of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).
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