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Bursa Malaysia Reprimands Ireka and Fines Seven Directors RM425,000 Over Disclosure Breaches

Kuala Lumpur, 11 May 2026 – Bursa Malaysia Securities Berhad has publicly reprimanded Ireka Corporation Berhad and seven of its directors over breaches of the Main Market Listing Requirements involving disclosure failures linked to a RM1.07 billion Pan Borneo Highway-related subcontract.

The seven directors were also fined a total of RM425,000 after Bursa Malaysia Securities found that they had permitted Ireka to commit breaches while the company was still listed on the Official List. Although Ireka was delisted on 10 March 2026, the regulator said the breaches occurred during the period when the company remained listed.


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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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