Stanley Thai acquitted by High Court


Judicial Commissioner Azhar Abdul Hamid made the order of discharge and acquittal after allowing the appeal by Thai, whose real name is Thai Kim Sim, after ruling that the conviction was unsafe. He also acquitted former remisier Tiong Kiong Choon who was charged together with Thai. (File pic - Stanley Thai)

KUALA LUMPUR: The High Court here has acquitted former Supermax Corp Bhd managing director Datuk Seri Stanley Thai for insider trading in relation to APL Industries Bhd (APLI) shares.

Judicial Commissioner Azhar Abdul Hamid made the order of discharge and acquittal after allowing the appeal by Thai, whose real name is Thai Kim Sim, after ruling that the conviction was unsafe.

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

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read