Tag - SC
23Oct

AOB prohibits Sathiea Seelean Manickam from auditing for one year; fines him RM87,500

KUALA LUMPUR: The Securities Commission’s (SC) Audit Oversight Board (AOB) has prohibited Sathiea Seelean Manickam from accepting as clients and auditing any public interest entities (PIEs) or schedule funds for a one-year period, starting Oct 22, 2024. In a statement, SC said the AOB imposed a fine of RM87,500 on Sathiea. Sathiea was a partner of Morison...

By malaysia, , 0 CommentsRead more...
21Oct

SC Malaysia adds 19 clone entities to investor alert list

KUALA LUMPUR: The Securities Commission (SC) Malaysia has updated its Investor Alert List to include 19 potential clone entities and eight unauthorised entities as of Oct 18, 2024. In a post on X today, the SC urged investors to be cautious of potential clone entities that may be impersonating legitimate firms. The regulator identified the potential clone...

By malaysia, , , , , 0 CommentsRead more...