Bursa Malaysia reprimands, fines Ong Kai Boon for manipulative trading activities


KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded, imposed a fine of RM409,000 and ordered to strike off Ong Kai Boon from the register as a registered person (RP) of Bursa Malaysia Securities for engaging in manipulative trading activities of order book manipulation in the shares of 11 counters.

Bursa said in a statement today that the 11 counters are INIX Technologies Holdings Bhd; INIX - Warrants A; K-One Technology Bhd; Vivocom International Holdings Bhd; Gets Global Bhd; Bintai Kinden Corporation Bhd; Sino Hua-an International Bhd; Solution Group Bhd; Melewar Industrial Group Bhd; Lion Industries Corporation and HPP Holdings Bhd.

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