PETALING JAYA: Former managing director of DIS Technology Holdings Bhd (DIS Tech), Cheah Yew Keat, has been convicted and sentenced for insider trading by the Kuala Lumpur Sessions Court.
The Securities Commission (SC) said in a statement Cheah was sentenced to one-day jail and a fine of RM1mil (in default 12 months imprisonment) after he pleaded guilty to one charge of insider trading under section 188(2)(a) of the Capital Markets and Services Act 2007 (CMSA).
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