Bursa publicly reprimands and fines Ong


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

In a statement released yesterday, Bursa said the 11 counters are Inix Technologies Holdings Bhd; Inix – warrants A; K-One Technology Bhd; Vivocom International Holdings Bhd; Gets Global Bhd; Bintai Kinden Corp Bhd; Sino Hua-an International Bhd; Solution Group Bhd; Melewar Industrial Group Bhd; Lion Industries Corp and HPP Holdings Bhd.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bursa Malaysia , fine , trading , manipulation

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read