Repco Low acquittal overtuned, ordered to enter defence

Kuala Lumpur: Low Thiam Hock, better known as Repco Low in stock market circles for gaining notoriety as a market mover in the 1990s, has been ordered to defend manipulation charges against him dating back to more than a decade.

The Securities Commission (SC) said that the Court of Appeal had unanimously overturned the decision by the High Court and Sessions Court to acquit Low for manipulating the price of Repco Holdings Bhd shares on the-then Kuala Lumpur Stock Exchange or KLSE on Dec 3, 1997.

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