KUALA LUMPUR: Two former directors of Silver Bird Group Bhd have been convicted by the Kuala Lumpur Sessions Court for knowingly permitting the furnishing of false statements to Bursa Securities, which is an offence under section 369(b)(B) of the Capital Markets and Services Act 2007 (CMSA).
The Securities Commission said in a statement Silver Bird's founder and former group managing director Datuk Jackson Tan Han Kook and former group executive director Derec Ching Siew Cheong pleaded guilty to one charge each, and have been sentenced to a one-day imprisonment and fine of RM500,000 each.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
