Stanley Thai gets fiveyears for insider trading


Datuk Seri Stanley Thai, Supermax last year announced its venture into the manufacturing of contact lenses. May 3, 2017. ROHAIZAT MD DARUS/STAR..

Supermax MD, who was also fined RM5mil, to appeal against conviction

KUALA LUMPUR: Supermax Corp Bhd group managing director Datuk Seri Stanley Thai Kim Sim (pic) was sentenced to a five-year jail term and fined RM5mil for insider trading. Thai is appealing against the conviction.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

Business , court

   

Next In Business News

Oil heads for weekly gains on anxiety over intensifying Ukraine war
S&P lowers outlook on three Adani units after US indictment of founder
Bumi Armada posts higher net profit of RM211.33mil in 3Q
Affin Bank's net profit jumps 45% to RM145.82mil in 3Q
KLCI remains positive as heavyweights bounce higher
Malaysia's inflation comes in at 1.9% in Oct
Globetronics shares rally in early trade after Taiwan deal
Nissan to cut or transfer about 1,000 jobs in Thailand, sources say
Singapore Q3 GDP up 5.4% y-o-y, higher than advance estimate; 2024 forecast upgraded
Ringgit extends uptrend against greenback in early trade

Others Also Read