Oilcorp plans legal action against auditor


KUALA LUMPUR: Oilcorp Bhd is considering legal action against auditors Baker Tilly Monterio Heng (BTMH).

According to documents sent to the Securities Commission (SC) by the company that were obtained by StarBiz, it has also disagreed with a directive by the SC for BTMH to conduct a further investigation on Oilcorp's accounts.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Aeon Credit 3Q net profit eases to RM62.07mil
Bilateral trade between Malaysia, South Korea hits RM100.6bil as of November
MRCB confirms withdrawal from KL-SG HSR consortium
Uzma secures RM44.15mil solar PV plant project in Kedah
United Malacca's net profit more than doubles to RM30.9mil in 2Q25
Lotus Circular to acquire Earthwise Resources, Expert Resource for RM100mil
Ringgit continues to extend loss on Fed’s hawkish turn
Poh Huat warns of uncertainties due to US dollar volatility
MoF: 22,000 scam cases totalling RM147mil in losses reported to NSRC as at Sept 2024
MyNews expects sales growth with the expansion of its store network.

Others Also Read