PETALING JAYA: The Securities Commission (SC) said it will not hesitate to take action in cases of breaches of securities laws, including the offence of the creation of a false market for the shares of listed companies.
“The Securities Commission Malaysia reviews significant price movements and major corporate developments on an on-going basis. In the event of any breaches of securities laws, we would not hesitate to take appropriate action,” an SC spokesperson said in reply to questions from StarBiz.
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