Bursa fines, reprimands ex-remisier


PETALING JAYA: Bursa Malaysia Securities Bhd has publicly reprimanded and imposed a fine of RM100,000 on former remisier Goh Hong Lim for manipulating the share price of Tomei Consolidated Bhd.

"Bursa places a strong emphasis on the need to maintain a fair and orderly market and will not tolerate any acts or practices which could lead to false trading, manipulative activities and compromising the integrity of the market," said the exchange.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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

IT buoys GDEX’s confidence
Are there too many GPs and is the healthcare system overwhelmed?
Powering on data centres
CMM seeks feedback on Sector Guides for ESG disclosures
Gadang gets RM280mil data centre job
MAA to sell entire stake in Turiya for RM53mil
Worldwide, Masdar ink MoU
Microlink wins contract worth RM56mil
Majuperak forms renewable energy partnership with Shizen Group
Wall St set to open higher on tech boost, PCE data

Others Also Read