Business

GSC slapped with RM45,000 fine for hiking snacks, mineral water prices

Ayer Keroh court finds theatre company guilty of profiteering by selling RM3.30 bottled water, RM5 potato chips

Updated 4 years ago · Published on 14 Jun 2022 10:49PM

GSC slapped with RM45,000 fine for hiking snacks, mineral water prices
Melaka Domestic Trade and Consumer Affairs Ministry Director Norena Jaafar says the cinema operator was profiteering from the sale of 600ml of Spritzer mineral water at RM3.30, with an increased profit margin of 0.97%, and 75gm of Mister Potato potato chips at RM5, with a profit margin increase of 1.23%. – The Vibes file pic, June 14, 2022

KUALA LUMPUR – The Ayer Keroh sessions court has fined Golden Screen Cinemas Sdn Bhd (GSC) a total of RM45,000 for profiteering from the high prices of snacks and drinks.

According to Utusan Malaysia, Melaka Domestic Trade and Consumer Affairs Ministry Director Norena Jaafar said the cinema operator was profiteering from the sale of 600ml of Spritzer mineral water and 75gm of Mister Potato potato chips.

Norena further explained that the mineral water was sold at RM3.30 with an increased profit margin of 0.97%, while the potato chips were sold at RM5 with a profit margin increase of 1.23%. 

Sessions court judge Nariman Badruddin found GSC guilty of the offence after hearing evidence from three prosecution witnesses and four witnesses from the defence, and further arguments from both sides.

“Judge Nariman Badruddin has made the decision after the defence had failed to raise reasonable doubt on the prosecution’s case,” she said.

Following the ruling, the defence had sought a reduced fine, arguing that it was a first-time offence and that the company was faulted due to technical factors. – The Vibes, June 14, 2022

Related News

Malaysia / 1y

Hospitals are profiteering, disregarding the 'Hippocratic Oath', claims MP

Malaysia / 2y

Make display of govt-recommended prices mandatory to curb profiteering: activist

Fashion / 3y

Celebrating sustainability, inclusivity at the European Film Festival

Film / 3y

Movies to look for at the European Film Festival

Film / 4y

Japanese Film Festival 2022 – celebrating Japan’s cultural contributions to the world

Malaysia / 4y

Despite cancelled film release, GSC’s Thor promo a hit with netizens

Spotlight

Malaysia

UMNO launches donation drive to help Najib pay RM50 million fine – Zahid

Malaysia

Uni student charged over crash that killed four family members

Malaysia

Rafizi presses government to explain Najib house arrest terms

Malaysia

AirAsia brushes off financial concerns, says cash position strong

Malaysia

Najib granted conditional pardon, to serve remainder of sentence under house arrest

Business

Inflation picks up to 1.9% as transport, food prices rise

Malaysia

Two-lorry crash blocks all northbound PLUS lanes, leads to 7km traffic crawl

Malaysia

Negeri Sembilan SUK declines to gazette proclamation removing Tuanku Muhriz

By Alfian Z.M. Tahir

Malaysia

Police refer Noorazli speech probe to AGC after 93 statements recorded

You may be interested

Business

Budget 2027 could deliver double relief for businesses, middle-income Malaysians - CIMB securities

Business

Inflation picks up to 1.9% as transport, food prices rise

Business

Oil prices fall for third session as Saudi pipeline recovery eases supply fears

Business

JC3 Conference to focus on making climate projects bankable

Business

Maritime expert urges Customs to clarify RM220m K8 cargo blending