Bursa reprimands CAP chairman and two directors


Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

PETALING JAYA: China Automobile Parts Holdings Ltd’s (CAP) executive chairman Wang Yu Yun and two of the company’s directors have been publicly reprimanded and fined by Bursa Malaysia Securities Bhd for breaching the stock exchange’s rules.

As of yesterday, the Practice Note 17 company had yet to issue its accounts and annual report for the financial year ended June 30, 2017.

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Business , Bursa , China Automobile Parts , CAP , reprimanded , fined , Wang ,

   

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