KUALA LUMPUR: The Court of Appeal has affirmed the High Court’s decision in November 2020 which found Datuk Sreesanthan Eliathamby had engaged in insider trading of Worldwide Holdings Bhd (Worldwide) shares in 2006.
Securities Commission Malaysia (SC), in a statement said, in dismissing Sreesanthan’s appeal, the Court of Appeal unanimously found no merits in the appeal and affirmed the judgment of the High Court and ordered Sreesanthan to pay costs of RM50,000 to the SC.
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