The SC has also revoked the CMSRL of Theng Boon Cheng (Theng) under section 72 read together with section 65 of the CMSA. Theng was formerly attached with AmInvestment Bank Berhad. Theng’s CMSRL was revoked as the SC has reason to believe that he will not carry on the regulated activity of dealing in securities efficiently, honestly or fairly. As such, SC finds Theng no longer fit and proper to carry out regulated activities in the Malaysian capital market.
SECURITIES COMMISSION MALAYSIA