KUALA LUMPUR: SIME DARBY BHD []'s share price advanced on Tuesday, Sept 21 after the company said that the forensic and legal consultants into four key projects in the energy and utilities division had completed and submitted their reports to the board on Monday.
At 9.50am, Sime was up five sen to RM8.35 with 751,900 shares done.
The conglomerate had said that investigations had found evidence to suggest, on a prima facie basis, that there may have been breaches of duties and obligations and inappropriate conduct.
Sime said the board had resolved to initiate legal proceedings and where appropriate, to lodge reports with the relevant authorities.
At 9.50am, Sime was up five sen to RM8.35 with 751,900 shares done.
The conglomerate had said that investigations had found evidence to suggest, on a prima facie basis, that there may have been breaches of duties and obligations and inappropriate conduct.
Sime said the board had resolved to initiate legal proceedings and where appropriate, to lodge reports with the relevant authorities.
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