PUNCAK Niaga reprimanded by Bursa

Puncak Niaga Holdings Bhd, a Malaysian water treatment operator, was publically reprimanded by the country’s stock exchange over its fourth-quarter earnings report.

The exchange highlighted a difference between the company’s unaudited and audited earnings reportcard, Bursa Malaysia Securities Bhd said in a statement today.

Puncak must get external auditors to check its next four quarterly reports and ensure that all directors and relevant personnel attend a training program, it said. - Bloomberg