Seacera seeking legal advice on Duta Skyline’s letter
PETALING JAYA: Practice Note 17 (PN17) company Seacera Group Bhd is seeking legal advice following a tax declaration that was made by the company’s unit, Duta Skyline Sdn Bhd, without prior board approval.
In a filing with Bursa Malaysia yesterday, Seacera said the Inland Revenue Board had accepted the declaration made by Duta Skyline to settle overdue tax by July 1 for the years of assessment of 2009 and 2012 totalling RM22.18mil.
The voluntary declaration letter dated May 13, was signed by Datuk Ismail Othman (one of the vendors and directors of Duta Nilai Holdings Sdn Bhd and Duta Skyline) without written approvals from the board of directors of Duta Skyline and Seacera. The company said the additional tax due amount of RM22.18mil was for years of assessments of 2009 and 2012, which occurred prior to Seacera’s acquisition of Duta Nilai on Nov 16, 2016, which in turn is wholly owned by Duta Skyline.
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