Swisscash : Court approves criteria for restitution
8 April 2010 | Kuala Lumpur
On 8 April 2010, the High Court of Kuala Lumpur approved and sanctioned the eligibility criteria recommended by the Administrator and SC. The High Court approved the eligibility criteria, payment criteria and payment ratio to be used in compensating the investors. PricewaterhouseCoopers Advisory Services, the administrator appointed by SC for the restitution process, will commence making payouts from 15 April 2010 to the eligible investors. Eligible investors will receive payment by cheque which will be send via post. (No appeals will be entertained)
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.