Spritzer clarifies mistaken identity in insider trading report


KUALA LUMPUR: Spritzer Bhd has clarified that its managing director, Datuk Lim Kok Boon, was wrongly implicated as an insider trading offender in a report.

“It appears to be a mistaken identity, both having the same name but they are two different persons,” Spritzer said in a filing with Bursa Malaysia.

"Our managing director, Lim has not committed any ‘insider trading’ offence and neither has he been ordered to pay any civil penalty for an insider trading breach by any party," it added.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Spritzer , Lim Kok Boon , Insider Trading

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read