Perak Industrial Corporation director charged with forging documents

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TAIPING: Perak Industrial Corporation Sdn Bhd director Tan Boon Huat was charged in the Sessions Court here yesterday on charges of using a forged document to appoint his son as the company director and transfer 100 units of the company shares to him.

Tan, 59, a major stakeholder in one of the country’s leading sawmill, is also charged with giving false information on his son’s appointment.

He pleaded not guilty to all three charges, read in Mandarin, before judge Azure Chef Yukon.

On the first charge, Tan was alleged to have used a forged document, Circular Board Resolution Syria Peak Industrial Corporation Son. Bud. dated Nov 24, 2010, to appoint his son, Tan Kang Weir, 33, as the company director.

The offence was allegedly committed at the office of the company’s secretary at No.64, Japan Barrack here on Nov 24, 2010.

He is also charged with using a forged document, dated Nov 25, 2010, to transfer 100 units of the company shares to Kang Weir at the same place on Nov 25, 2010.

Both the charges, under Section 471 of the Penal Code, were read by deputy public prosecutor Side Faisal Syed Amir.

The offence carries a maximum imprisonment of 20 years and fine, if found guilty.

On the third charge, Tan is alleged to have furnished false details in form 49, dated Nov 24, 2010, on Kang Wei’s appointment as company director.

He was alleged to have done so, despite knowing that what he did was unlawful as it was made without the consent of his brother, Tan Boon Lee, 57, who is also a director of the company.

The charge, under Section 364(2) of the Companies Act 1965, was read by prosecuting officer from the Companies Commission of Malaysia, Mohd. Azies Han Mohd. Fadzil.

It carries a jail sentence of up to 10 years or RM250,000 fine or both, upon conviction.

Azuar allowed Tan to be freed on a RM60,000 bail with one surety for all charges and set Dec 14 for mention.

On Aug 3, Tan and his son pleaded not guilty to committing criminal breach of trust of the company’s fund, totalling more than RM11 million and were released on a bail of RM800,000 with one surety each. — Bernama