KUALA LUMPUR: Share price of KENMARK INDUSTRIAL CO. (M) BHD [] slipped in early trade on Friday, July 9 after Bursa Malaysia Securities Bhd'' commenced enforcement proceedings against the company, its managing director and executive director.
At 9.05am, it was down one sen to 9.5 sen. It was the most active with 4.76 million shares done.
The benchmark FBM KLCI advanced 0.19 point to 1,316.22. Turnover was 13.84 million shares valued at RM8.75 million.
On Thursday, Bursa Securities said it had commenced enforcement proceedings against Kenmark, MD Hwang Ding Kuo @ James Hwang and ED Chang Chin-Chuan for various breaches of disclosure requirements under the Listing Requirements.
Kenmark and the two directors have been served with a notice to show cause by Bursa Securities to make representations to Bursa Securities in respect of various alleged breaches of the LR.
At 9.05am, it was down one sen to 9.5 sen. It was the most active with 4.76 million shares done.
The benchmark FBM KLCI advanced 0.19 point to 1,316.22. Turnover was 13.84 million shares valued at RM8.75 million.
On Thursday, Bursa Securities said it had commenced enforcement proceedings against Kenmark, MD Hwang Ding Kuo @ James Hwang and ED Chang Chin-Chuan for various breaches of disclosure requirements under the Listing Requirements.
Kenmark and the two directors have been served with a notice to show cause by Bursa Securities to make representations to Bursa Securities in respect of various alleged breaches of the LR.
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