KUALA LUMPUR: A businessman was charged in the Sessions Court yesterday with two counts of contravening the Malaysian Central Depository Rules by dealing with more than one securities account about eight years ago.
Gan Yew Chok claimed trial to opening four securities accounts as opposed to the permitted one account with HLG Securities Sdn Bhd, contravening the rules. He applied as a depositor on March 12, 1996.
He also pleaded not guilty to another charge of maintaining seven accounts instead of the permitted one account with Zalik Securities Sdn Bhd (now known as HLG Securities Sdn Bhd) contravening the Rules between Aug 28, 1995 and March 14, 1996.
Gan had allegedly committed the offences at the current HLG Securities office located on the 7th floor, Wisma HLA, Jalan Raja Chulan, here.
Judge Akhtar Tahir fixed Sept 30 for trial, allowed a RM100,000 bail and ordered Gan to surrender his passport to the court.
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