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KUALA LUMPUR: Supermax Corp Bhd executive director Datin Seri Cheryl Tan has vacated her office after she was fined RM7mil and sentenced to a five-year jail term for insider trading offences.
KUALA LUMPUR: The Kuala Lumpur Sessions Court has sentenced a former investment banker to six months jail and fined him RM1mil for insider trading.
KUALA LUMPUR: Former investment banker Goh Keng Huat was jailed six months and fined RM1mil in default six months imprisonment after he was convicted to insider trading in the shares of Road Builder Holdings Bhd (RBH) in 2006.
KUALA LUMPUR: The former executive director of LFE Corporation Bhd (LFE), Alan Rajendram a/l Jeya Rajendram was jailed three years after he pleaded guilty to two criminal breach of trust (CBT) charges involvig RM18.99mil.
KUALA LUMPUR: Shares of Supermax Corp Bhd tumbled 9% in early trade following the conviction of managing director Datuk Seri Stanley Thai for insider trading.
KUALA LUMPUR: CIMB Equities Research has downgraded glove maker Supermax Corporation Bhd from Add to Hold following the negative surprise about the conviction of managing director Datuk Seri Stanley Thai for insider trading.
KUALA LUMPUR: Supermax Corp Bhd group managing director Datuk Seri Stanley Thai Kim Sim has been sentenced to a five-year jail term and fined RM5mil for insider trading.