PETALING JAYA: Logistics firm Xin Hwa Holdings Bhd and its two directors were reprimanded by Bursa Malaysia for making advances and payments worth almost RM800,000 in breach of the Main Market Listing Requirements (LR).
In addition, the two directors, Ng Aik Chuan and Ng Yam Pin, were slapped with penalties of RM100,000 and RM50,000 respectively.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!