SC raps three China-based firms for breaching laws


The SC said in a statement that Ong

KUALA LUMPUR: The Securities Commission rapped three China-based companies for various breaches of the securities laws and stated the retention of four directors were prejudicial to public interest.

The regulator said yesterday the three companies were China Stationery Ltd (CSL), Xingquan International Sports Holdings Ltd (Xingquan) and Maxwell International Holdings Bhd.

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