I don't ever remember SGX imposing fines on errant corporate figures, even though the Listing Disciplinary Committee has the powers to do so. Across the straits, Bursa Malaysia has also shown their speed of enforcement by giving public reprimands and fines within 1.5years after breaching the rules.
While SGX RegCo has improved by leaps and bounds since Tan Boon Gin came on board, but still far away from Bursa Malaysia's standards.
Bursa Malaysia publicly reprimands Top Builders Capital, fines eight directors
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 Sept 30, 2022, on or before Nov 30, 2022, the report of which was only issued on June 9, 2023, after a delay of six months and nine days.
https://www.thestar.com.my/business/busi...-directors
While SGX RegCo has improved by leaps and bounds since Tan Boon Gin came on board, but still far away from Bursa Malaysia's standards.
Bursa Malaysia publicly reprimands Top Builders Capital, fines eight directors
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 Sept 30, 2022, on or before Nov 30, 2022, the report of which was only issued on June 9, 2023, after a delay of six months and nine days.
https://www.thestar.com.my/business/busi...-directors