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.