Ramunia, OilCorp, Tasco, VTI reprimanded

Bursa Malaysia Securities Bhd has reprimanded Ramunia Holdings Bhd and OilCorp Bhd for breaching paragraph paragraph 9.19(19) of the Listing Requirements (LR) of the Exchange.

In a statement today, it said pursuant to paragraph 9.19(19), a listed issuer must immediately announce to Bursa Securities of any winding up proceedings or winding up order made against the listed issuer or any of its subsidiaries or major associated companies.

Meanwhile, in a separate statement, Bursa Malaysia said Tasco Bhd and VTI Vintage Bhd had been reprimanded for breaching paragraph 9.16(1)(a) of the LR.

Under the said paragraph, a listed issuer must ensure that each announcement is factual, clear, unambiguous, accurate, succinct and contains sufficient information to enable investors to make informed investment decisions. -- Bernama