Versatile sacks MD, group financial officer over missing funds


Versatile Creative, a one-stop printing and packaging solutions provider, faces suspension.

KUALA LUMPUR: Packaging firm Versatile Creative Bhd has sacked managing director Datuk Wong Kong Choong @ Leong Kong Choong and group financial officer Tan Quok Eow over the missing RM2.3mil.

The company told Bursa Malaysia on Tuesday that the duo were dismissed with immediate effect after they had failed to answer allegations made against them in show-cause letters dated Aug 13.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Investors take profit amid regional weakness
Malaysia's CPI rises 1.8% in March
DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd

Others Also Read