Former Megan chairman jailed 18 months


Megan Media Holdings

PETALING JAYA: Former Megan Media Holdings Bhd executive chairman and director Datuk Mohd Adam Che Harun has been jailed 18 months and fined RM300,000 for providing false information to Bursa Malaysia.

In a statement, the Securities Commission said the Court of Appeal had affirmed a 2017 Sessions Court conviction of Mohd Adam for furnishing false information to the stock exchange operator in 2007.

Mohd Adam, 76, was charged on Dec 10,2007 and the false information relates to Megan Media’s revenue of RM306.15mil, of which more than 75% of the said revenue amounting to RM228mil were falsified, it said.

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