KUALA LUMPUR: Businessman Ivan Ng Chong Yeng was acquitted and discharged of stock market manipulation through 153 central depository securities (CDS) accounts.
Ng, 41, was said 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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