CCTV company directors fined RM325,000 each for false declaration


KUALA LUMPUR: Two executive directors of a company offering closed circuit TV (CCTV) services were fined a total of RM325,000 each by the Sessions Court here after they pleaded guilty to five counts of publishing prospectus containing false information.

An accounts executive of the company, Inix Technologies Holdings Bhd (ITHB), was fined a total of RM350,000 for the same offences and for failing to turn up for an oral examination by an investigating officer of the Securities Commission.

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