Saturday, April 20

Two company directors fined RM3,700 each

0

KUALA LUMPUR: Two former directors of Steven’s Tea Garden Corp Sdn Bhd were fined RM3,700 each by the Sessions Court here yesterday on three counts of violating regulations under the Companies Act 1965.Judge Rozana Ali Yusof ordered Yap Yee Teng, 38, and Ng Yau Meng, 34, to pay the fine after they pleaded guilty to the offences.

They were fined RM200 each on the first count with failing to submit the company’s first annual report within a month from the date of its first annual general meeting which was supposed to be held with 18 months of the company’s establishment on April 1, 2008.

On the second count, Yan and Ng were charged with failing to hold the company’s annual general meeting within the same period, for which they were fined RM500 each.

Another was for failing to table the company’s accounts, also within the same period, for which they were fined  RM3,000.

All the offences were committed at the company’s office at No 307, Tingkat 1, Jalan Mahkota, Taman Maluri, Cheras.

In mitigation, Yap and Ng, both unrepresented, said they were now unemployed.

Prosecuting officer from the Companies Commission of Malaysia (CCM) Mohamad Azies Han Mohd Fadzil prosecuted.

Meanwhile, Yap and Ng were also charged with the same offence and allegedly committed at the same place in another Sessions Court, but in their capacity as officers of Semangat Teknologi Gagah Sdn Bhd.

Judge SM Komathy Suppiah set April 29 for mention after they pleaded not guilty to all the three charges.

CCM Prosecuting officer Faizah Ahmad prosecuted in the case. — Bernama