Bursa reprimands FSBM, fines six directors

TheStar Fri, Oct 23, 2020 07:50am - 4 months ago


In addition, the directors were fined a total RM375,600. The six are FSBM non-executive chairman Datuk Ir Abdul Rahim Daud; managing director Datuk Tan Hock San (pic) @ Tan Hock Ming; executive directors Tan Ee Ern and Tan Wan Yen; and non-executive directors Abdul Jalil bin Abdul Jamil and Chang Wei Ming.

PETALING JAYA: Bursa Malaysia Securities Bhd has publicly reprimanded FSBM Holdings Bhd and six of its directors for breaches of the Bursa Malaysia Securities Main Market listing requirements (LR).

In addition, the directors were fined a total RM375,600. The six are FSBM non-executive chairman Datuk Ir Abdul Rahim Daud; managing director Datuk Tan Hock San @ Tan Hock Ming; executive directors Tan Ee Ern and Tan Wan Yen; and non-executive directors Abdul Jalil bin Abdul Jamil and Chang Wei Ming.

Bursa said that FSBM was publicly reprimanded for breach of paragraph 9.23(1) of the Main Market LR, where the company had failed to issue its annual report that included the annual audited financial statements (AFS) together with the auditors’ and directors’ reports for the financial year (FY) ended June 30,2018, on or before Oct 31,2018.






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