Civil Actions in 2011
|Brief facts of the case|
|1.||Carrying on a business of trading in futures contract or fund management
[s. 58 and s.59 of the CMSA]
||The Defendants, their agents, their servants have been soliciting monies from the public and perpetrate the fraud and/or scam by using CIMB Futures as a front to invite or entice potential investors to invest funds through them. Attachments:|
|2.||Submission of false statements and/or information in Prospectus.
[s.55 of the SCA] Submission of false information in Annual Report
[s.122B of the SIA] Securities Fraud surrounding IPO exercise
[s.87 and 87A of the SIA]
||Each of the defendant was involved in:
Authorized and/or caused the issue of Wimems Prospectus dated 30 December 2005 which contained False Statements and/or information that was false.
Knowingly authorized and/or permitted the making or furnishing of false statements to the SC and/or to Bursa Malaysia in the delaying of securities and/or the affairs of Wimems.
Directly or indirectly in connection of purchase or sale of Wimems shares to the general investing public individually or collectively conspired and/or engaged in an act by way of scheme to defraud and/or deceive the investors of Wimems and/or made untrue statement of a material fact including the False Statements in the Prospectus and/or the Annual Report.