Bursa Malaysia publicly reprimands Reach Energy, fines six directors


KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Reach Energy Bhd and seven of its directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements.  

In addition, six directors were imposed a fine of RM50,000 each, it said in a statement today.

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

Next In Business News

Cheeding JV secures RM13.54mil contract from TNB
IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer

Others Also Read