KUALA LUMPUR — The High Court today upheld the conviction and sentence of former Axis Incorporation Berhad (Axis) board adviser Lee Koon Huat for abetting the company in submitting false financial statements to Bursa Malaysia. High Court judge Noor Ruwena Md Nurdin dismissed Lee’s appeal a...
IPOH — A man was fined RM7,000 by the Sessions Court here after pleading guilty to providing false information about his business address to the Companies Commission of Malaysia (SSM) during business registration. Kong Tai Fu pleaded guilty on Sept 29, 2026, at Sessions Court 2 to an offen...
IPOH — The Securities Commission Malaysia (SC) yesterday charged a former unit trust and Private Retirement Scheme (PRS) consultant with two offences involving unlicensed capital market activities at the Ipoh Magistrate’s Court. Henry Tan Soong Yan, 35, faced one charge under Section 58(1)...
MOSCOW — On 15 September 2026, the Bank of Russia filed a claim with the General Court of the European Union (a court of general jurisdiction) to challenge Article 1(28) of Regulation of the Council of the European Union No. 2026/1848, dated 23 July 2026 (hereinafter, the EU Regulation). T...
KUALA LUMPUR — The Kuala Lumpur High Court today granted the Securities Commission Malaysia (SC) leave to commence committal proceedings against former APL Industries Bhd group executive director Tan Bee Geok for breaching the terms of a consent judgment entered with the SC in 2020. The SC...
KUALA LUMPUR — The Court of Appeal today dismissed appeals by Wong Shee Kai, also known as Ricky Wong, Teh Sew Wan and Wong SK Holdings Sdn Bhd against a High Court decision granting the Securities Commission Malaysia (SC) an inter partes injunction order. The injunction order, granted on ...
KUALA LUMPUR — A former bank analyst was sentenced to three years’ imprisonment by the Sessions Court here today after being found guilty of dealing in securities without a licence and unlawfully using the title of Unit Trust Consultant (UTC). The Securities Commission Malaysia (SC) ...
KUALA LUMPUR — A former company director has been sentenced to five years in jail, while three brothers have been charged in separate cases involving alleged unlicensed capital market activities, the Securities Commission Malaysia (SC) said. The Kuala Lumpur Sessions Court on Wednesday sen...
KUALA LUMPUR — The Court of Appeal today unanimously affirmed the High Court’s decision in 2022 which found former deputy managing director of WCT Bhd (WCT) Goh Chin Liong (Goh) and Ara Holdings Sdn Bhd (Ara Holdings) director Leong Ah Chai (Leong) liable for insider trading. The Court of ...
