SHAH ALAM: Trendcell Sdn Bhd, which owns Jaya Grocer supermarket, has become the first company to be charged under the Price Control and Anti-Profiteering Act 2011 for selling ladies' fingers at an unreasonably high price.
Its director Ting Pooi Guan (pic), 59, who represented the company, pleaded not guilty to the charge at a Sessions Court here.
The company was said to have attempted to increase its profit margin by raising the price of ladies' fingers (okra) by RM6.60 per kilo (from RM3.10 on Jan 1 to RM9.70 from Jan 3 to Jan 20).
It was said to have committed the offence at Jaya Grocer’s premises at the Bangi Gateway Shopping Complex in Bandar Baru Bangi, between Jan 3 and Jan 20.
The company is charged with an offence under Section 14(1) of the Act which carries a fine of up to RM500,000 upon conviction.
For second or subsequent offences, the offender faces a maximum RM1mil fine if found guilty.
Sessions Court judge Ahmad Azhari Abdul Hamid set June 9 for mention.
