KUALA LUMPUR: The Sessions Court has fined Pixelvest Sdn Bhd RM3 million and sentenced its director Dexter Ang Jen Chuen to three years imprisonment for offences relating to unlicensed capital market activities.
In a statement today, Securities Commission Malaysia (SC) said Pixelvest, represented by Ang, pleaded guilty to one charge under section 58(1) of the Capital Markets and Services Act 2007 (CMSA) for carrying out a business in fund management without a licence.
