Three acquitted of abetting, offer of shares for unlisted company


  • Nation
  • Tuesday, 12 Nov 2019

KUALA LUMPUR: Three individuals, including a Datuk, were acquitted and discharged from the charge of abetting to issue and to offer nearly seven million units of shares in a construction company without registering its prospectus with the Securities Commission (SC).

Datuk Abdul Malek Yusof, Noor Aida Abdullah, and Raja Samsul Bahri Raja Muhammad were initially charged on June 1,2016 for abetting to issue and offer 6,951,921 units of shares of Astana Resources Bhd, formerly known as JPG Holdings Bhd.

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