<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on May 7, 2019</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Bursa Malaysia has publicly reprimanded Perak Corp Bhd and seven of its former directors for failing to issue its annual report for 2016 within the required period.</p></div>

<div class=newsTextDataWrapInner><p>In a statement yesterday, Bursa said Perak Corp had breached Paragraph 9.23(1) of the Main Listing Requirement for failing to issue its annual report that included the annual audited financial statements together with the auditors’ and directors’ reports for the financial year ended Dec 31, 2016 (FY16) by April 30, 2017.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The regulator said Perak Corp issued its 2016 annual report only on June 6, 2017 after a delay of more than a month.</p></div>

<div class=newsTextDataWrapInner><p>In a separate statement, Bursa said it has also reprimanded Wintoni Group Bhd and fined its seven directors a collective RM165,400 for failing to issue several financial statements on time.</p></div>

<div class=newsTextDataWrapInner><p>It said Wintoni had breached Rules 9.22(1) and 9.23(1) of the ACE Listing Requirement when it failed to issue the quarterly reports for 3QFY15, 1QFY16, 4QFY16, 3QFY17, 4QFY17, 1QFY18 and 2QFY18.</p></div>

<div class=newsTextDataWrapInner><p>Wintoni had also failed to issue its FY15 annual report on time, which was issued only on Nov 29, 2016, said Bursa.</p></div>


KUALA LUMPUR: Bursa Malaysia has publicly reprimanded Perak Corp Bhd and seven of its former directors for failing to issue its annual report for 2016 within the required period.

In a statement yesterday, Bursa said Perak Corp had breached Paragraph 9.23(1) of the Main Listing Requireme...

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:</p>


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<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


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<p>Harvey Weinstein's 2020 conviction for sexual assault and rape was overturned by New York's highest court, reopening the landmark case that fuelled the #MeToo movement and highlighting the challenges of holding powerful men accountable.</p>


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<p>Shares of ViTrox Corp Bhd are headed for its worst day in 18 months as first-quarter (1Q) results disappointed investors while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.</p>


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<p>Hulu Selangor Bersatu action division head has been named as Perikatan Nasional's (PN) candidate for the Kuala Kubu Baharu (KKB) state by-election on May 11.</p>


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<p>RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.</p>


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<p>Foreign states are using UK universities to “steal advantage” by covertly acquiring British intellectual property, the government warned, saying it would explore proposals to protect cutting-edge research and technology.</p>


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<p>The Federal Communications Commission (FCC) said on Thursday it is ordering the US units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the US.</p>


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<p>One fixture lurking like a troll in Arsenal's Premier League title run-in has probably consumed the thoughts of the club's fans more than any other — Sunday's short trip to arch-rivals Tottenham Hotspur.</p>
