KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded KENMARK INDUSTRIAL CO. (M) BHD [] and eight of its directors and also fined three of these eight directors a total of RM2.49 million for various breaches of the listing rules.
The regulator said on Thursday, March 3 that enforcement proceedings were commenced against Kenmark though the company had been delisted. It said the breaches were committed while Kenmark was listed on the stock exchange.
Bursa Securities publicly reprimanded its managing director Hwang Ding Kuo @ James Hwang and fine him RM1.327 million.
Executive director Chang Chin-Chuan was reprimanded and fined RM502,400. Non-independent and non-executive director and audit committee member Chen Wen-Ling was reprimanded and fined RM667,400.
The regulator said on Thursday, March 3 that enforcement proceedings were commenced against Kenmark though the company had been delisted. It said the breaches were committed while Kenmark was listed on the stock exchange.
Bursa Securities publicly reprimanded its managing director Hwang Ding Kuo @ James Hwang and fine him RM1.327 million.
Executive director Chang Chin-Chuan was reprimanded and fined RM502,400. Non-independent and non-executive director and audit committee member Chen Wen-Ling was reprimanded and fined RM667,400.
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