News Formal

RHB Investment Bank publicly reprimanded, fined for breaching listing rules

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Bursa Securities said RHB IB failed in the discharge of its duties as sponsor and principal adviser to an applicant seeking a listing on the ACE Market.

Bursa Malaysia Securities said that RHB Investment Bank had previously committed breaches of the listing requirements.

The exchange regulator said the imposition of the public reprimand and fine on RHB IB were made upon completion of due process after taking into consideration all facts and circumstances of the matter. The first breach occurred when RHB IB failed to conduct proper due diligence and make all reasonable due diligence enquiries as well as consider all relevant matters to ensure there was no misstatement or material omission.

The second breach happened when RHB IB failed to immediately notify Bursa Securities of the material developments concerning the applicant’s business, operations, future plans and prospects after the initial submission.It was only upon receipt of the regulator’s queries that RHB IB notified Bursa Securities of these material agreements and developments, it said.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Tuition teacher in Ipoh loses over RM200,000 to investment scamBATU PAHAT: A tuition teacher who wanted to buy second-hand books online lost more than RM200,000 in a fake investment scheme.
출처: staronline - 🏆 4. / 75 더 많은 것을 읽으십시오 »

Pensioner loses over RM4.4m to cryptocurrency investment scamKUALA LUMPUR: A government pensioner has parted ways with RM4,417,092 after being duped in a non-existent cryptocurrency investment. Brickfields Distr...
출처: theSundaily - 🏆 25. / 51 더 많은 것을 읽으십시오 »