Malaysia's SC bans two for life in first such action

When contacted, Advancecon group chief executive officer Datuk Phum Ang Kia said it was unable to give a new date for the prospectus launch at this juncture, pending queries from the SC.

PETALING JAYA: Securities Commission Malaysia (SC) rapped China-based sports equipment company, Telent Outdoor (Hong Kong) Technology Co Ltd (Telent), for breaching the listing regulations.

The regulator had also imposed a permanent moratorium on two of its directors, both of whom are Hong Kong citizens, for submitting false information.