SC reprimands China Automobile for violating securities laws


KUALA LUMPUR (Bernama) -- The Securities Commission Malaysia (SC) has reprimanded China Automobile Parts Holdings Limited (CAP) following the retention of office by its executive chairperson Wang YuYun and executive director Chen Xunze, which is prejudicial to public interest.

The regulator also reprimanded CAP’s current and former directors as well as chief financial officers for various breaches of the securities laws.

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China Automobile Parts , SC

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