SC wins suit against former WCT deputy MD, ARA Holdings director


KUALA LUMPUR: The Securities Commission Malaysia (SC) today has won a civil suit against former deputy managing director of WCT Bhd, Goh Chin Liong and director of Ara Holdings Sdn Bhd, Leong Ah Chai.

In a statement, the SC said High Court Judge Datuk Ahmad Zaidi Ibrahim ordered Goh and Leong to pay a total of RM5.83 million to the SC after finding that the commission had successfully proven an insider trading case against both defendants.

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