General Announcement
Reference No CAS-090318-2E475

Company Name
:
SCAN ASSOCIATES BERHAD (MESDAQ Market) 
Stock Name
:
SCN  
Date Announced
:
18/03/2009  


Type
:
Announcement
Subject
:
SCAN ASSOCIATES BERHAD ("SCAN" OR "COMPANY")
- Lodgment of Police Report with Balai Polis at Jalan Tun Razak, Kuala Lumpur.

Contents
:
Further to the Company’s announcement dated 22 January 2009, the Board of Directors of SCAN Associates Berhad wishes to announce that the Company had on Wednesday, 18 March 2009 lodged a police report with the Police Station at Jalan Tun Razak Kuala Lumpur.

The Police Report was lodged pursuant to the formal report by the forensic auditor appointed by the company, Abu Bakar Rajudin (Corporate Governance Services) Sdn. Bhd.

The formal report found that the former CEO, Dato’ Aminuddin Baki Esa was involved in manipulating revenue figures amounting to approximately RM6,800,000 (Ringgit Malaysia Six Million and Eight Hundred Thousand) in 2005 and 2007 to mislead and defraud the board and shareholders about the company’s underlying performance.

This announcement is dated 18 March 2009.

© 2009, Bursa Malaysia Berhad. All Rights Reserved.



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