Kuala Lumpur , 10 December 2007
SC charges Megan Media financial controller and executive chairman – Seeking Interpol help to arrest Megan Media executive director
The Securities Commission Malaysia (SC) today preferred criminal charges against two individuals for making false statements to Bursa Malaysia Berhad in relation to Megan Media Holdings Berhad’s (MMHB) revenue figures.
The two individuals are Kenneth Kok Hen Sen @ Kok Liew Sen, MMHB’s former financial controller, and Dato Dr Hj Mohd Adam Che Harun, MMHB’s executive chairman and director. Kenneth Kok was also the special assistant to Dato Dr Hj Mohd Adam during the material time of the offence.
Kenneth Kok was charged under section 122B(a)(bb) read together with section 122C(c) of the Securities Industry Act 1983 (SIA) for abetting MMHB in furnishing to Bursa Malaysia the following false revenue figures:
Dato Dr Hj Mohd Adam was charged for furnishing a false statement relating to the revenue figure of RM306,150,000 in MMHB’s Quarterly Report on Consolidated Results for the financial period ended 31 January 2007 under section 122B(a)(bb) read together with section 122(1) SIA.