SC Estate Builder in director row


Nominated candidate Tan Sri Lee Kim Tiong@Lee Kim Yew claimed that such an act could attract criminal liability, and if convicted, they could be fined up to RM20,000 each.

PETALING JAYA: Both SC Estate Builder Bhd (SCBuild) and 10 individual current directors have been warned of the consequences of a breach of Clause 127 of its Constitution, as well as that of Section 340(1)(d) of the Companies Act for rejecting new board nominations.

Nominated candidate Tan Sri Lee Kim Tiong@Lee Kim Yew claimed that such an act could attract criminal liability, and if convicted, they could be fined up to RM20,000 each.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read