ON Wednesday, the Securities Commission (SC) enjoyed a triumphant day when it won an appeal against the inadequate sentence in a market manipulation case.
The Sessions Court had punished Datuk Chin Chan Leong with a RM1.3mil fine and a day in prison, after he had pleaded guilty in February 2010 to creating a misleading appearance of active trading in the shares of Fountain View Development Bhd, a property developer once listed on Bursa Malaysia's Main Board.
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