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In addition, the exchange said all eight directors of Top Builders were imposed total fines of RM405,750. “The annual report was only issued on May 29, 2023, after a delay of six months and 29 days,” it said in a statement today.The bourse also said that the company failed to announce the quarterly report for the financial period ended September 30, 2022, on or before November 30, 2022, the report of which was only issued on June 9, 2023, after a delay of six months and nine days.
The company also failed to announce the quarterly report for March 31, 2023, on or before May 31, 2023, the report of which was only issued on July 28, 2023, after a delay of one month and 28 days.“Notwithstanding that Top Builders had been de-listed on September 4, 2023, the breaches were committed while the company was listed on the Official List of Bursa Malaysia Securities,” the exchange said.
Bursa Malaysia Directors Fined
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