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Business 07 Dec 2015 | 1:11 PM

Sri Lanka arrests ex-SEC chief over fraud

COLOMBO: Sri Lankan police on Monday arrested the former head of the stock market watchdog amid allegations of massive securities fraud during the rule of then-president Mahinda Rajapakse.

Business 01 Dec 2015 | 6:03 PM

Bursa Securities reprimands and fines four dealer’s reps

KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded and fined four dealer’s representatives a total of RM230,000 for various misconducts and breaches.

Business 26 Mar 2015 | 12:00 AM

Counsel: AirAsia not planning to share market with MAS

KUALA LUMPUR: The Malaysia Competition Commission (MyCC) was mistaken in assuming that AirAsia Bhd intended to share a market with Malaysia Airlines as part of its share-swap agreement in 2011, the Competition Appeal Tribunal heard.

Corporate News 22 Jul 2014 | 6:53 PM

SC hauls Kenneth Vun, 6 others to court over DVM Tech shares

KUALA LUMPUR: The Securities Commission has filed civil enforcement action against Kenneth Vun @ Vun Yun Liun and six others for allegedly manipulating in DVM Technology Bhd (DVM) shares in March 2006.

Business 11 Jan 2014 | 12:00 AM

Ch'ng charged with insider trading

PETALING JAYA: Datuk Bill Ch’ng Chong Poh (pic), former chief executive officer (CEO) of property firm Malaysia Pacific Corp Bhd, has been charged with 58 counts of insider trading in the company’s shares between May 14, 2008 and August 20, 2008.

Business 28 Nov 2013 | 12:00 AM

Sreesanthan fails to have charges struck out by High Court

KUALA LUMPUR: Corporate lawyer Datuk E. Sreesanthan’s bid to have his charges of insider trading struck out was denied by the High Court here.

Business 17 Oct 2013 | 12:00 AM

Smoke clears for incense coil, joss stick makers and suppliers

KUALA LUMPUR: Manufacturers and suppliers of incense coils and joss sticks can heave a sigh of relief now that the companies claiming design rights to the products have lost their claims in court and also dropped their appeal.

Business 28 Sep 2013 | 12:00 AM

Govt aims to cut nation's uncollected taxes by half

JOHOR BARU: The Government will be taking various measures to reduce the country’s uncollected taxes known as the “black economy” from the current 30% to 15% by 2020.

Property 26 Sep 2013 | 12:00 AM

Accused says he requests for payment

KUALA LUMPUR: A company director accused of cheating a former Sime Darby project manager told a Sessions Court here he had requested for payments connected to repair work on an apartment block to be made to Xcendex Sdn Bhd.

Business 02 Aug 2013 | 12:00 AM

PKNS injunction thrown out with costs

KUALA LUMPUR: The High Court here has dismissed an application by PKNS Holdings Sdn Bhd to stop Nusa Gapurna Development Sdn Bhd from selling its 70% stake in PJ Sentral Development Sdn Bhd (PJSD) to Malaysian Resources Corp Bhd (MRCB).