Securities Commission wins lawsuit against PKNP CEO in insider trading case


KUALA LUMPUR: The High Court here on Tuesday (Feb 13) ordered former Chief Executive Officer (CEO) of Perbadanan Kemajuan Negeri Perak (PKNP) and Perak Corporation Bhd (PCB) Datuk Aminuddin Md Desa to pay RM3.56mil to the Securities Commission Malaysia (SC) for offences under the Capital Markets and Services Act 2007 (CMSA).

SC, in a statement on Tuesday, said Judge Wan Muhammad Amin Wan Yahya found that SC had successfully proven its lawsuit against Aminuddin, which was filed in 2021.

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SC , Insider Trading , Aminuddin Md Desa , Lawsuit , Win

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