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SC reprimands Mulpha International directors

KUALA LUMPUR (Jan 4): The Securities Commission (SC) has reprimanded the board of the directors of Mulpha International Bhd for failure to ensure the full disclosure of information in its abridged prospectus.

The SC said on Wednesday that Mulpha was reprimanded the previous day for failure to ensure the final basis of allocation of excess rights shares was consistent with the basis disclosed in the company’s abridged prospectus dated Feb 24, 2010.

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