Bursa Securities raps remisier, imposes RM10,000 fine


KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded a dealer's representative Peer Mohd Abdul Aleez and also fined him RM10,000 for false trade trading activities.

It said on Monday that Peer Mohd was also suspended for three months for false trading activities involving the securities of Excel Force MSC Bhd and LNG Resources Bhd in his two clients' accounts.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read