SC acts against five people over RM121mil scheme


PETALING JAYA: The Securities Commission (SC) has filed a civil suit against five individuals who allegedly perpetrated a scheme to defraud and/or causing wrongful losses totalling RM120.6mil from four public listed companies.

The capital market regulator named Tey Por Yee, Lim Chye Guan, See Poh Yee, Francis Tan Hock Leong and Faizatul Ikmi Abdul Razak for the alleged crime involving Nexgram Holdings Bhd, R&A Telecommunication Group Bhd, Asdion Bhd and Ire-Tex Corp Bhd.

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Securities Commission , SC , defraud , PLCs

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