Seacera's share price fall 4.17% after Bursa Malaysia's public reprimand

PETALING JAYA: Seacera Group Bhd’s share price fell 4.17% this morning after it was publicly reprimanded by Bursa Malaysia for failing to ensure its financial report took into account adjustments announced by the group.
At 11.32am, its share price was 4.17% or 2.5 sen lower at 57.5 sen with 1.11 million shares traded.
Seacera’s fourth quarter report for the financial year ended Dec 31, 2016 contravened Bursa Malaysia Securities Main Market Listing Requirements when it failed to ensure that its financial report published on Feb 28, 2017 took into account the adjustments announced by the group on May 18, 2017.
The group is required to review and ensure the adequacy and effectiveness of its financial reporting function and carry out a limited review on its quarterly report submissions.