Bursa reprimands FSBM, fines six directors

PETALING JAYA: Bursa Malaysia Securities Bhd has publicly reprimanded FSBM Holdings Bhd and six of its directors for breaches of the Bursa Malaysia Securities Main Market listing requirements (LR).

In addition, the directors were fined a total RM375,600. The six are FSBM non-executive chairman Datuk Abdul Rahim Daud; managing director Datuk Tan Hock San @ Tan Hock Ming; executive directors Tan Ee Ern and Tan Wan Yen; and non-executive directors Abdul Jalil bin Abdul Jamil and Chang Wei Ming.

Bursa said that FSBM was publicly reprimanded for breach of paragraph 9.23(1) of the Main Market LR, where the company had failed to issue its annual report that included the annual audited financial statements (AFS) together with the auditors’ and directors’ reports for the financial year (FY) ended June 30,2018, on or before Oct 31,2018.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

Bursa Malaysia , FSBM , reprimand , directors ,


Did you find this article insightful?


Next In Business News

Higher retail margin lifts AEON earnings in Q3�
Prestar’s 3Q net profit jumps 132% to RM5.2mil
Builder IJM sees encouraging outlook after improved Q2 results�
KLCI bounces back, Public Bank, Telekom advance
Malaysia reassures on supply after Top Glove shuts factories
Hong Kong shares track global rally on improved economic outlook
Economy on recovery path as leading index rose 8.6% in Sept
Sime Property posts 3Q pre-tax profit of RM92.6m, excluding impairments
Sunway Malls bucks the trend with 200 shops opening despite pandemic
Maybank's web and app connection issue solved

Stories You'll Enjoy