Facing the law: (from left) Yeow, Tan and Chee were charged with insider trading, at the Sessions Court.
PETALING JAYA: The Securities Commission (SC) has dropped insider trading charges against the former executive director of Kencana Petroleum Bhd Datuk Yeow Kheng Chew and two others following instructions from the Attorney-General.
Almost immediately after the criminal charges were dropped, the SC filed a civil suit against the three individuals, seeking, among others, a declaration that they had contravened regulations under the Capital Markets and Services Act 2007 (CMSA).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
