“The SC would like to confirm that it has conducted the raids."
PETALING JAYA: The Securities Commission (SC) says it conducted raids on premises of listed companies for suspected abuse of fundraising activities, confirming StarBiz’s article “SC raids premises of listed firms” published on March 14.
“The SC would like to confirm that it has conducted the raids. However, the SC is not able to provide further details as the investigations are ongoing,” it said via an email statement yesterday.
