Datuk Chee Kok Wing, 44, who is also the founder of NasionCom Holdings Bhd and former NasionCom Holdings group managing director has been charged in the Sessions Court two days ago for submitting misleading and false information to the Securities Commission (SC).
Around 3 months ago, the Securities Commission has reprimanded NasionCom Holdings Bhd and gave it a month to rectify and re-issue its financial statements for the year ended Dec 31, 2005.
The SC later extended the date to April 15, 2007 for NasionCom to re-issue its 2005 accounts.
The 3 chargers are:
- misleading information regarding the group’s “top 10 customers” for the period ended July 31, 2004 in the issuance of NasionCom Holdings’ Jan 31, 2005 prospectus
- furnishing a false statement, contained in NasionCom Holdings’ 2005 annual report regarding its revenue to the SC between June 28 and 29 last year (together with former NasionCom Holdings executive director Shamsul Khalid Ismail, 53)
authorising the making of false statements in NasionCom Sdn Bhd’s documents required under the Companies Act 1965 for profit and loss accounts and balance sheets.
(Those documents comprised sales invoices, bank deposit slips, dealer agreements and debtor ledgers)
The general manager of Express Top Up Sdn Bhd (a NasionCom subsidiary) was also charged with with abetting the parent company to furnish the false statement between Jan 4, 2005 and June 29 last year.
All 3 of them claimed trial to the charges.
The trial is fixed on Nov 21 to 23.
Datuk Chee Kok Wing is currently the Non-Independent Non-Executive Director of NasionCom Holdings.
Another Director was also charge for abetting Datuk Chee Kok Wing in submitting false statements in the telecommunication company’s documents as required under the Companies Act 1965. Read Bernama.