Supermax ED Cheryl Tan, sister fined RM7mil and sentenced to jail for insider trading

The High Court today also dismissed Stanley Thai's application to be reappointed as a director of Supermax.

KUALA LUMPUR: Supermax Corp Bhd said group executive director Datin Seri Cheryl Tan Bee Geok has vacated her office after she was fined RM7mil and sentenced to a five-year jail term for insider trading offences.

The company, in a statement today, said a succession plan is in place and it is business as usual in Supermax.