Monday, 27 February 2012

Bursa reprimands Nam Fatt

Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded Nam Fatt Corporation Berhad (NAMFATT) for failing to make an immediate announcement on several material litigations.

In a statement today, Bursa said it had also publicly reprimanded Nam Fatt for not complying with its directives of Oct 9 and Nov 5, 2008 to make an immediate announcement on litigations.

Bursa Securities has also publicly reprimanded and fined all of NAMFATT's seven directors a total of RM 250,000. -- Bernama



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