CARI Infonet

 Forgot password?
 Register

ADVERTISEMENT

View: 1912|Reply: 4

[Tempatan] sepandai2 tupai melompat, 19 tahun baru jatuh tergolek

[Copy link]
Post time 1-3-2016 08:25 AM | Show all posts |Read mode
Repco Low gets 5 years in prison and RM5mil fine           
KUALA LUMPUR: The Kuala Lumpur Sessions Court has sentenced Low Thiam Hock, better known as "Repco Low" in stock market circles, to five years jail and a fine of RM5mil.

However, both sentences have been stayed, pending appeal by Low at the KL High Court.

The court also set a bail of RM1mil on Low, pending the appeal, on top of the RM300,000 bail initially imposed on him.

Low, 54, was initially charged in 1999 for manipulation of Repco Holdings Bhd shares under Section 84(1) of the Securities Industry Act 1983 (SIA),  after committing the offense in 1997.

However, in 2013, following an appeal by the SC, the Court of Appeal unanimously overturned the decision by the High Court and Sessions Court to acquit Low over manipulating Repco's shares.

Low was then ordered to enter his defence at the Sessions Court. Throughout the course of the 17-year case, nearly 30 witnesses were called from both sides, including stock market and stock valuation experts.

A person found guilty under the SIA would be liable to a minimum fine of RM1mil and maximum jail term of up to 10 years.

** sesame oil bila nak tumpah pulak

Reply

Use magic Report


ADVERTISEMENT


Post time 1-3-2016 09:49 AM | Show all posts
mcm mane ye dorg manipulate stock market ni?
Reply

Use magic Report

 Author| Post time 1-3-2016 11:19 AM | Show all posts
kentel replied at 1-3-2016 09:49 AM
mcm mane ye dorg manipulate stock market ni?

kentel boleh pi lwati laman web SC atau Bursa....byk cara boleh buat tp skrg ni since bursa dah ada sistem yg canggih , lambat laun akan kena jugak...

famous ni apek ni....org2 lama kt broker mmg jadikan dia contoh
Reply

Use magic Report

Post time 1-3-2016 12:34 PM From the mobile phone | Show all posts
Actually xfaham..mcm mana manipulate share jd kesalahan.. Ada sesapa leh explain....

Reply

Use magic Report

 Author| Post time 1-3-2016 01:46 PM From the mobile phone | Show all posts
caritegar replied at 1-3-2016 12:34 PM
Actually xfaham..mcm mana manipulate share jd kesalahan.. Ada sesapa leh explain....

Manipulasi harga shares dan menyebabkn harga pasaran dikontrol oleh org2 tertentu dan boleh sbbkn pasaran jd huru hara

Chuolls blh gi websites bursa or sc for details
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

 

ADVERTISEMENT



 

ADVERTISEMENT


 


ADVERTISEMENT
Follow Us

ADVERTISEMENT


Mobile|Archiver|Mobile*default|About Us|CARI Infonet

29-3-2024 02:03 AM GMT+8 , Processed in 0.058824 second(s), 35 queries .

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

Quick Reply To Top Return to the list