No.

Nature of Offence

Offender(s)

Facts of Case

Compound

1. Carrying on a futures broking business without a licence Tai Swee Keong (Richard) Tai held himself out as carrying on a futures broking business through Tandum Commerce Sales & Services (M) Sdn Bhd without a licence. Tai was compounded RM250,000 for the offence.
2. Carrying on a futures advice business without a licence Tai carried on a futures advice business through Tandum Commerce Sales & Services (M) Sdn Bhd without a licence. Tai was compounded RM250,000 for the offence.
3. Causing the issuance of a prospectus from which there was a material omission by a Director Shabaruddin Ibrahim Shabaruddin, President, CEO and Executive Director of Enegro Bhd caused the issuance of its prospectus from which there was a material omission.The omission related to the information of the termination of the Sales Concession Agreement by Fiat Auto SpA, i.e. the sole business of Energo Bhd. Shabaruddin was compounded RM200,000 for the offence.
4. Giving misleading information to the SC in connection with proposal submitted pursuant to section 32 of the Securities Commission Act 1993 Low Bok Tek

 

Both Lows, who were directors of Taiping Super Bhd (TSB), had submitted misleading information to the SC in relation to the allocation of TSB shares to its employees pursuant to TSB’s flotation exercise.

Both Low Bok Tek and Low Hup Seng were jointly compounded for the said offence.

Low Bok Tek was compounded RM150,000 for the offence.

 

Low Hup Seng Low Hup Seng was compounded RM150,000 for the offence.
5. Failure to advise the SC that the statement submitted to the SC was materially incomplete Yeo Eck Liong

 

Yeo, the managing director of Yeo Aik Resources Bhd (Yeo Aik), failed to inform the SC of the change in the beneficial ownership of Yeo Aik’s Bumiputera shareholding prior to its listing on the Second Board of the KLSE. The Bumiputera portion of Yeo Aik shares, which was initially allocated to Megat Zabidi, was transferred from Megat Zabidi to Yeo prior to the listing of Yeo Aik. Yeo was compounded RM100,000 for the offence.

 

Megat Zabidi Megat Husain Megat was compounded RM50,000 for abetting in the offence.
6. Person who opened CDS accounts using different names and identity cards to facilitate multiple IPO share applications Wong Wing Tat Wong had used identities of third parties to open numerous CDS accounts when in fact he was the beneficial owner. The accounts were opened to facilitate his multiple IPO share applications. Wong was compounded RM106,000 for the offence.
7. Carrying on futures broking business without a licence Lye Ek Seang Lye carried on a futures broking business through a company called Ambang Pintar Sdn Bhd without a licence Lye was compounded RM500,000 for the offences.

As a result of the compound the charges against Lye were withdrawn.

Carrying on futures advice business without a licence Lye carried on a futures advisory business through a company called Ambang Pintar Sdn Bhd without a licence
8. Securities not deposited in the name of the beneficial owner Low Lai Peng Low Lai Peng was not the beneficial owner of the Halim Mazmin Bhd shares held in her CDS account at OSK Securities Bhd.

Low Lai Peng’s remisier, Low Peng Wai was aware of this fact and abetted Low Lai Peng in committing the offence.

RM300,000 for each offender