PETALING JAYA: Datuk Andrew Leong Wye Keong, a former substantial shareholder of delisted Maxbiz Corp Bhd, has been charged by the Kuala Lumpur Sessions Court with four counts of insider trading.
The Securities Commission (SC) said in a statement that Leong was charged under section 188(2)(a) of the Capital Markets and Services Act 2007 (CMSA) for disposing of 2.13 million units of Maxbiz shares in his son’s account on Dec 30, 2010.
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