Corporate News

Supermax ED vacates office after fine, jail term

The Kuala Lumpur Sessions Court yesterday convicted Cheryl(file pic) and her sister for insider trading offences committed in October 2007, the Securities Commission said in a statement.

KUALA LUMPUR: Supermax Corp Bhd said group executive director Datin Seri Cheryl Tan Bee Geok has vacated her office after she was fined RM7mil and sentenced to a five-year jail term for insider trading offences.

The company, in a statement today, said a succession plan is in place and it is business as usual in Supermax.

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Business , APL Industries , Cheryl Tan , Supermax , insider trading , Bee Hong , Securities Commission ,

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