Web5 nov. 2024 · KUALA LUMPUR (Nov 5): The High Court has postponed the delivery of its decision on an appeal by three former Kosmo Technology Industrial Bhd officials against their conviction for furnishing false information to Bursa Malaysia Securities Bhd, which was originally scheduled for today. WebAmong the recent high-profile Malaysian fraudulent financial reporting cases as reported on the Malaysian Securities Commission website were Megan Media Holdings Bhd., Mems …

Ex-Kosmo directors, manager jailed, fined for false disclosures

WebOn 11 January 2016, the Sessions Court convicted Low of market manipulation under section 84 (1) of the Securities Industry Act 1983.On 29 February 2016, Low was … Web3 mei 2024 · KUALA LUMPUR: The Securities Commission Malaysia (SC) said the Sessions Court has ordered two former directors of Kosmo Technology Industrial Bhd to pay a fine of RM1.45 million each and serve a two-year jail term for furnishing false statements to Bursa Malaysia Securities Bhd. Former group managing director Datuk … iona wireless

Kosmo, US firm in wastewater treatment venture The Star

Web8 okt. 2024 · KUALA LUMPUR (Oct 8): The convictions of three former Kosmo Technology Industrial Bhd officials for furnishing false information to Bursa Malaysia Securities Bhd are not safe due to the prosecution's failure to verify if the computerised accounting system was in proper working order, a lawyer argued in the High Court.Last year, Kosmo's former … Web2 dec. 2024 · They were charged under Section 122B (a) (bb) of the Industrial Securities Act 1983, read together with Section 122 (1) of the same law. The offence is punishable under Section 122B of the same law which provides a maximum fine of RM3 million or imprisonment for up to 10 years, upon conviction. WebKosmo Technology Industrial Berhad is an investment holding company. Through its subsidiaries, the Company manufactures a wide range of motor vehicle components and … ontario frogs