News about Securities Commission

KUALA LUMPUR (Dec 7): The prosecution from the Securities Commission Malaysia (SC) has applied to the High Court here to transfer former Goldman Sachs banker Roger Ng's Capital Market and Services Act alleged offences case before another High Court judge who is also hearing similar charges.

KUALA LUMPUR (Dec 2): The Securities Commission Malaysia (SC) has approved UEM Sunrise Bhd's application for an extension of time to announce any firm intention to make a takeover offer with regard to its proposed merger with Eco World Development Group Bhd (EcoWorld).

KUALA LUMPUR (Nov 9): The Securities Commission Malaysia (SC) today warned members of the public of a fake donation letter purportedly from "Badan Kebajikan Thalassaemia Malaysia", which falsely named SC executive chairman Datuk Syed Zaid Albar as its adviser.

KUALA LUMPUR (Oct 27): Five months have passed and the Armed Forces Fund Board (LTAT) is still making up its mind on the privatisation of its debt-laden flagship group, Boustead Holdings Bhd, since the army fund first expressed consideration for the corporate exercise.

KUALA LUMPUR (Sept 9): Transmile Group Bhd's founder and former CEO Gan Boon Aun (pictured) is appealing against his conviction by the Sessions Court for furnishing misleading financial statements to Bursa Malaysia in 2007.

KUALA LUMPUR (Aug 15): The temporary increase of the gearing limit for real estate investment trusts (REITs) by the Securities Commission Malaysia (SC) “is seen as timely for the sector”, The Edge Malaysia reported recently.

KUALA LUMPUR (Aug 14): The High Court here today fixed Sept 29 to hear the appeal of former Supermax Corp Bhd group managing director Datuk Seri Stanley Thai Kim Sim and former remisier Tiong Kiong Choon who had each been sentenced to five years' jail and fined for insider trading in relation to APL Industries Bhd (APLI).

KUALA LUMPUR (June 19): Permodalan Nasional Bhd (PNB) said today it has established an inquiry team to investigate the alleged discrepancies relating to the group’s former president and chief executive officer Abdul Jalil Rasheed’s academic qualification.

KUALA LUMPUR (March 24): The Securities Commission Malaysia (SC) will waive the annual licensing fees for 2020 on the core regulated activity of all Capital Markets Services Licence (CMSL) entities with pre-tax profit of RM5 million or less during financial year 2019.

KUALA LUMPUR (March 20): The Securities Commission Malaysia (SC) is now extending the deadlines for market participants to submit their regulatory filings and submissions in view of the COVID-19 pandemic and Malaysia's partial lockdown to curb the spread of the virus.