No. | Offence | Defendants | Brief facts of the case | Outcome |
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Outcome of Civil Action Taken | ||||
1. |
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Datin Chan Chui Mei | On 26 September 2016, the SC filed a civil suit against Datin Chan Chui Mei for breaches under section 179 and 317A of the CMSA. After a full trial, the High Court had on 17 December 2019 granted the following orders:
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2. | Insider trading | Ang Pok Hong & Wendy Wong Soon Soon | On 8 August 2019, a civil action was filed against Ang and Wendy Wong for breach of section 188(2)(a) and 188(2)(b) of the CMSA for acquiring TH Group Berhad (TH Group) shares between 22 and 25 September 2008 while in possession of inside information in relation to the proposed privatization of TH Group via a Selective Capital Repayment exercise. |
On 11 September 2019, Angie and Wendy Wong entered into a consent judgment with the SC for the sum of RM2,190,729. |
3. | Insider trading | Ng Ee-Fang (Ng) | On 12 July 2019, a civil action was initiated against Ng for breach of section 188(2)(a) of the Capital Markets and Services Act 2007 (CMSA). The SC sought, among others:
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On 30 August 2019, the High Court recorded a consent judgment between SC and Ng and ordered among others:
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4. | Insider trading | Amran Bin Awaluddin (“Amran“) Nooralina Binti Mohd Shah (“Nooralina“) |
On 19 April 2019, the SC filed a civil suit against the defendants. The SC sought, among others:
|
On 23 May 2019, the High Court recorded a Consent Judgment between the SC, Amran and Nooralina declaring both defendants to be in contravention of Section 89E2(a) of SIA. Court also granted the three times disgorgement sought by the SC, and ordered by consent for both defendants to pay a civil penalty of RM1,000,000.00 each. The SC was also awarded a sum of RM50,000.00 as cost. |
5. |
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On 24 September 2010, SC filed a civil suit against Datuk Ishak Ismail and sought for the following orders:
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On 6 May 2019, the High Court recorded a Consent Judgment between the SC and Datuk Ishak Ismail granting the orders which were sought by the SC. The suit against the 2nd Defendant is withdrawn with no order as to costs. |
6. | Insider trading | Dato Ch'ng Poh @ Ch'ng Chong Poh ("Dato Ch'ng Poh"). | On 26 March 2019, the SC filed a civil suit against Dato Ch'ng Poh. The SC sought, among others:
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On 2 April 2019, the High Court recorded a Consent Judgment between the SC and Dato Ch'ng Poh granting the orders which were sought by the SC. |
7. | Insider trading |
Dato' Mohd Nor bin Abdul Wahid ("Dato' Mohd Nor") |
On 27 February 2019, SC filed a civil suit against Dato' Mohd Nor. The SC sought, among others:
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On 14 March 2019, the High Court recorded a Consent Judgment between the SC and Dato' Mohd Nor granting the orders which were sought by the SC. |
8. | Insider Trading |
Lim Chiew |
On 8 December 2005, the SC filed a civil suit against Lim Chiew, a former independent non-executive director of Magnum Corporation Berhad for insider trading in the shares of Bolton Berhad on 12 July 1999. The SC sought, among others:
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On 28 September 2017, the Kuala Lumpur High Court declared that the SC had successfully proven its claim against Lim Chiew. The High Court ordered Lim Chiew to pay the sum of RM1,242,061.08 claimed by the SC and a civil penalty of RM50,000. Lim Chiew had on 10 October 2017 filed an appeal against the decision of the High Court. On 7 January 2019, the Court of Appeal allowed Lim Chiew's appeal and set aside the High Court's order. |
9. | Knowingly authorizing the furnishing of a misleading statement to Bursa Malaysia |
Lei Lin Thai ("Lei") |
On 20 February 2019, a civil action was filed against Lei for breach of section 369 of the CMSA by knowingly authorised the furnishing of misleading statement to Bursa Malaysia Berhad. The misleading statement is in relation to a failure to disclose 4 individuals as parties acting in concert in an announcement dated 29 September 2008. |
On 8 March 2019, Lei entered into a consent judgment with the SC for the sum of RM2,258,578.53. |