The consent judgment arose from proceedings commenced by the SC against Tan for contravening section 188(3)(a) of the Capital Markets and Services Act 2007 (CMSA), where Tan had communicated inside information relating to APL Industries Berhad to her sister, Tan Bee Hong.

Following the consent judgment, Tan agreed, among others, not to act as a director of, or be involved in the management of, any public listed company (PLC) or any subsidiary of a PLC for a period of five years from the date of the judgment.

Notwithstanding the prohibition, Tan subsequently continued to act as a director of subsidiary companies of a PLC and remained actively involved in the management of those companies, thereby breaching the terms of the consent judgment.

As a result, the SC filed an ex-parte application for leave to commence committal proceedings against Tan on 17 September 2025. The High Court subsequently directed that the application be heard on an opposed ex-parte basis.

On 12 August 2026, High Court judge YA Leong Wai Hong allowed the SC’s application and granted leave to commence committal proceedings against Tan.

The SC was represented by Mohd Hafiz Mohd Yusoff, Ng Chian Huey, Loo Kit Ming Keith and Siti Sarah Kamaruzaman, together with the SC’s appointed external counsel Benjamin John Dawson and Eileen Othman of Messrs Benjamin Dawson. Tan was represented by Sivanesan Ravenesan and Siti Nur Amirah of Messrs S Ravenesan.

The SC views breaches of consent judgment in securities law cases seriously. Such non-compliant conduct not only undermines the effectiveness of regulatory enforcement but also erodes respect for the authority of court orders and the administration of justice.

The commencement of committal proceedings underscores the SC’s commitment to ensuring compliance with court-sanctioned obligations and holding parties accountable for non-compliance.