Hong Thuan Boon
Regulator warningMalaysia. Named in 1 sanctions listing.
Summary
Hong Thuan Boon (HTB) of Chengco HTB was the engagement partner for the audit of a public interest entity for the financial year ended 31 December 2017.
Sanctions and listings1
- Effective
- 2 May 2019
Official designation
Suruhanjaya Sekuriti MalaysiaMalaysia Securities Commission AOB EnforcementsMalaysia
Prohibit HTB from accepting any public interest entity or schedule fund as clients for 12 months; Prohibit HTB from auditing financial statements of a public interest entity or schedule fund for 12 months; and Imposed monetary penalty of RM57,000.00. On 30 May 2019, HTB appealed to the SC on the AOB's decision. The SC dismissed the appeal and affirmed the decision made by the AOB. The prohibitions to accept and audit any public interest entity or schedule fund for 12 months will take effect from 6 August 2019.
Failure to comply with certain requirements of the International Standards on Auditing in the performance of an audit of a public interest entity.
Breach the AOB's registration condition imposed under Section 31O(3) of the Securities Commission Malaysia Act 1993 (SCMA).
This page shows the public record as its publishers state it. A name here is not by itself a finding: whether a record refers to a particular person or company is what screening decides. Read the full notice.