‘Repco’ Low found guilty in case running over 17 years


Guilty as charged: Low (right) and his lawyers at the Jalan Duta Sessions Court yesterday. – Bernama

KUALA LUMPUR: The high-profile case of the Securities Commission (SC) against Low Thiam Hock that has raged on for 17 years took a fresh turn yesterday when the Sessions Court found the latter guilty of manipulating the shares of Repco Holdings Bhd.

The case which epitomises the SC’s fight against stock manipulation was heard in front of about 40 people and some of them did not realise that the man found guilty was synonymous with the name “Repco Low”.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Gold set for weekly drop; traders await US data for cues
FedEx to spin off its freight trucking business
Japan's core inflation accelerates, keeps BOJ rate-hike chance alive
China leaves benchmark lending rates unchanged in Dec
Pentamaster shares drop 2% following PIL privatisation announcement
United Malacca shares rise as earnings forecasts are revised upward
Bursa Malaysia edges higher in early trading amid bargain hunting
Ringgit nearly flat against US dollar, strengthens against basket of other currencies
Trading ideas: Mah Sing, Vestland, Uzma, Aeon Credit, United Malacca, Lotus Circular, Poh Huat, MyNews
EcoWorld’s industrial park deal a ‘win-win’ for all

Others Also Read