Court declares in favour of Securities Commission Malaysia in Axis insider trading case LeapRate

Court declares in favour of Securities Commission Malaysia in Axis insider trading case

Securities Commission Malaysia (SC) informed that it has obtained from the High Court a judgment against three defendants for insider trading involving the shares of Axis Incorporation Bhd (Axis). Koh Tee Jin, a former director of Axis, was declared to have breached section 188 (3)(a) of the Capital Markets and Services Act 2007 (CMSA) when…

July 10, 2017 BY Valentina Kirilova

Axis Incorporation former Executive Directors jailed for furnishing false statements

The Kuala Lumpur Sessions Court today convicted and jailed two former executive directors of Axis Incorporation Bhd (Axis) for furnishing false statements to Bursa Malaysia Securities Bhd. Lee Han Boon and Saipuddin Lim Abdullah both pleaded guilty for furnishing false information to the stock exchange in relation to Axis’ revenue of RM91.13 million. Out of…

Tag: Axis Incorporation Bhd

Court declares in favour of Securities Commission Malaysia in Axis insider trading case

Axis Incorporation former Executive Directors jailed for furnishing false statements

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