KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded and fined former Scanwolf Corp Bhd
executive director Cheong Chen Khan RM30,000 for breaching paragraphs 2.18(1)(a) and (c) of the Main Market Listing Requirements (Main LR).
Paragraphs 2.18(1)(a) and (c) of the Main LR state that the director of a listed issuer must ensure that any statement, information or document presented, submitted or disclosed pursuant to the Main LR is clear, unambiguous, accurate and is not false or misleading.
In a statement, Bursa Malaysia said Cheong had submitted or caused Scanwolf to submit inaccurate and false or misleading statements regarding his honorific title “Dato” in the company’s annual reports for the financial years ended June 30, 2022, 2023, and 2024.
Bursa Malaysia said the public reprimand and fine were imposed on Cheong pursuant to paragraph 16.19 of the Main LR, after taking into account all relevant facts and circumstances of the case and upon completion of due process.
Cheong had resigned from the board of Scanwold on Oct 1, 2025.
