PETALING JAYA: Both SC Estate Builder Bhd (SCBuild) and 10 individual current directors have been warned of the consequences of a breach of Clause 127 of its Constitution, as well as that of Section 340(1)(d) of the Companies Act for rejecting new board nominations.

       Nominated candidate Tan Sri Lee Kim Tiong@Lee Kim Yew claimed that such an act could attract criminal liability, and if convicted, they could be fined up to RM20,000 each.

       In a statement, Lee said the 10 SCBuild directors had unlawfully rejected the nomination by two members of SCBuild for eight persons to stand as candidates for election at its upcoming AGM. — Bernama