Supermax ex-MD, remisier acquitted of insider trading following appeal


KUALA LUMPUR: The High Court here has acquitted former managing director of Supermax Corp Bhd Datuk Seri Stanley Thai of insider trading in connection with APL Industries Bhd (APLI) shares.

Judicial Commissioner Azhar Abdul Hamid made the order of discharge and acquittal after allowing the appeal by Thai, whose real name is Thai Kim Sim, after ruling that the conviction was unsafe.

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