January 19, 2017 BY Valentina Kirilova

Court Of Appeal Malaysia jails former independent directors of Transmile Group Bhd for misleading disclosures

The Securities Commission Malaysia just announced that the Court of Appeal has unanimously dismissed the appeal by the former independent directors of Transmile who were members of its Audit Committee for having knowingly authorised the furnishing of a misleading statement to the stock exchange. Shukri Sheikh Abdul Tawab, 53, and Jimmy Chin Keem Feung, 52,…

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