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OTHERS TPC PLUS BERHAD CHARGES UNDER SECTIONS 14 (1) AND 26 OF THE PRICE CONTROL AND ANTI-PROFITEERING ACT 2011

TPC PLUS BERHAD

Type Announcement
Subject OTHERS
Description
TPC PLUS BERHAD 

CHARGES UNDER SECTIONS 14 (1) AND 26 OF THE PRICE CONTROL AND ANTI-PROFITEERING ACT 2011

The Board of Directors of TPC Plus Berhad (“the Company”) wishes to announce the status of the two summons, i.e. Summons No. MA-63AP-3-08/2020 and Summons No. MA-63AP-4-08/2020, both of which were filed against the Company’s wholly-owned subsidiary, Teck Ping Chan Agriculture Sdn Bhd (Company No. 41913-X) (“TPCA”), which are currently pending before the Melaka Sessions Court, as follows:
1. MA-63AP-3-08/2020
The matter was called up before the Melaka Sessions Court on 21 April 2021 for decision. TPCA was found guilty of an offence under Section 14 (1) of the Price Control and Anti-Profiteering Act 2011. The court imposed a fine of RM25,000.00 which was paid in full by TPCA.
2. MA-63AP-4-08/2020
The matter was called up before the Melaka Sessions Court on 21 April 2021 for decision. TPCA was found guilty of an offence under Section 14 (1) of the Price Control and Anti-Profiteering Act 2011. The court imposed a fine of RM25,000.00 which was paid in full by TPCA.
This announcement is dated 21 April 2021.






Announcement Info

Company Name TPC PLUS BERHAD
Stock Name TPC
Date Announced 21 Apr 2021
Category General Announcement for PLC
Reference Number GA1-21042021-00088




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