Bursa Malaysia publicly reprimands Iqzan Holding, fines five directors


KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Iqzan Holding Bhd and five of its directors for breaches of the Main Market Listing Requirements (Main LR).

In a statement today, Bursa Malaysia Securities said the company had committed multiple breaches, including failing to obtain shareholders’ approval for the disposal of industrial property and providing inaccurate and misleading disclosures regarding the disposal of shares in its wholly owned subsidiary, Zoomic Technology (M) Sdn Bhd (ZTSB).

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