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Saturday 22 October 2011

Apology to Dato' Abdul Gani Yusof

The New Straits Times hereby withdraws the statement and imputations unreservedly and apologises to Dato' Abdul Gani b. Yusof for any distress, embarrassment and inconvenience which may have been caused to him.

Read more: Apology to Dato' Abdul Gani Yusof http://www.btimes.com.my/articles/ganiy/Article/#ixzz1bTXkHFM3

On the 14th of January 2011, the Business Times section of the New Straits Times carried on its front page an article wherein it was stated therein that Dato' Abdul Gani bin Yusof had sold 100 million shares of Metronic Global Berhad (Metronic) in the open market without prior notification to Bursa Malaysia Securities Berhad (Bursa). The article implied that Dato Abdul Gani b. Yusof had breached the Listing Requirements of Bursa and that the failure to notify Bursa had caused the shares of Metronic to be suspended from trading from 11.17am to 2.3 pm on the 13th of January 2011. The New Straits Times acknowledges that the above statement and imputations were erroneous. The New Straits Times accepts that there was no requirement for Dato' Abdul Gani b. Yusof to notify Bursa, prior to selling the said Metronic shares. The New Straits Times hereby withdraws the statement and imputations unreservedly and apologises to Dato' Abdul Gani b. Yusof for any distress, embarrassment and inconvenience which may have been caused to him.

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