This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

​Kuala Lumpur court finds ex-Repco executive chairman guilty of market manipulation

( January 12, 2016, 05:44 GMT | Official Statement) -- MLex Summary: The Kuala Lumpur Sessions Court has found Low Thiam Hock, also known as Repco Low, former executive chairman of gaming company Repco Holdings, guilty of market manipulation for buying 227,000 Repco shares on Dec. 3, 1997, to create a misleading appearance of the price of the firm's shares on the Kuala Lumpur Stock Exchange. The decision comes after the Court of Appeals sent the case back to the Sessions Court, overturning a 2010 High Court decision that upheld Low’s acquittal in 2006. Low is liable to a minimum fine of 1 million ringgit ($227,000) and up to 10 years' jail time. The regulator's statement follows:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections