KL High Court finds former deputy chairman of Patimas Computers liable for insider trading - Malay Mail


4/7/2022 12:00:00 AM3 years 10 months ago
by Malay Mail

KUALA LUMPUR, April 7 — The High Court today ruled that the Securities Commission Malaysia (SC) had successfully proven its claim in a civil suit against Datuk Raymond Yap Wee Hin, a former deputy chairman of Patimas Computers Bhd (Patimas), for insider tradi…

In allowing the SCs claim, judicial commissioner Puan Adlin Abdul Majid declared that Datuk Raymond Yap Wee Hin had breached the relevant securities laws and ordered him to pay a sum of RM3.28 millio… [+1901 chars]

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