SC seeks public information to locate former CEO of Transmile

KUALA LUMPUR, Oct 28 -- The Securities Commission Malaysia (SC) is seeking information from members of the public to locate Transmile former chief executive officer and executive director, Gan Boon Aun. 

The commission said that it had obtained a warrant of arrest on Oct 18 against Gan. It  was issued by the High Court when Gan failed to appear in court for the hearing of his appeal after several attempts were made to secure his attendance. 

"Gan was convicted on Aug 27, 2020 for knowingly furnishing a misleading statement relating to Transmile Group Bhd’s revenue in the company’s Quarterly Report on Unaudited Consolidated Results for the Financial Year ending Dec 31, 2006.

"The misleading statement on the revenue amount comprised over RM333 million fictitious sales," said the SC, adding that Gan was convicted and sentenced by the Sessions Court to one-day imprisonment and a fine of RM2.5 million.

The commission said Gan filed an appeal against his conviction and the SC filed a cross-appeal against the sentence imposed by the Sessions Court against Gan.

"The High Court had since dismissed Gan’s appeal following his failure to appear before the court for the hearing of his appeal.

"The court had set Dec 13, 2021 for the SC’s cross-appeal against the sentence, pending the execution of the warrant of arrest against Gan," it added. 

Members of the public with information on Gan can contact the SC at 012 248 4186, 017 360 8329 and 012 604 3195 or email to aduan@seccom.com.my 

-- BERNAMA