KUALA LUMPUR: Impetus Consolidated Sdn Bhd’s former group executive director Datuk Philip Wong Chee Kheong and two company directors have been charged with stock market manipulation through 153 central depository securities (CDS) accounts.
They are alleged to have created a misleading appearance with respect to the price of Suremax Group Bhd shares on the Main Board of Bursa Malaysia through the sale and purchase of its shares via the CDS accounts, which caused the stock price to rise.
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