KUALA LUMPUR (Jan 9): Bursa Malaysia Securities has publicly reprimanded Reneuco Bhd (KL:RENEUCO) and five of its directors over the company's failure to issue its 2023 annual report by the Jan 30, 2024 deadline. The annual report for the 15-month financial period ended Sept 30, 2023 was only issued by the company on Feb 8, 2024, the exchange noted in a statement on Friday. It said Reneuco breached disclosure rules by issuing the report five market days late, and by failing to make a timely announcement that it would miss the reporting deadline. In addition to the enforcement action, Bursa Malaysia ordered the directors and relevant personnel of the company to attend a training programme. Formerly known as K Power Bhd, Reneuco had failed to issue the 2023 annual report by the due date mainly due to unresolved audit issues with its external auditors, which led to a disclaimer of opinion on the annual financial statements, consequently triggering its Practice Note 17 status.
Source: The Edge Markets January 09, 2026 11:18 UTC