September 29, 2017 BY Valentina Kirilova
Former Director of Magnum Corporation Bhd charged for insider trading
The High Court yesterday declared that Securities Commission Malaysia (SC) had successfully proven an insider trading case against Lim Chiew, a former independent director of Magnum Corporation Bhd. In the suit which was filed in 2005, SC claimed that Lim Chiew had breached section 89E (2) of the Securities Industry Act 1983 when he acquired…
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