Page 197 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

Table 6
details of criminal prosecution in 2018 (Continued)
Nature of date
No. Offender(s) Facts of charge(s)
offence charged

6. Insider Tan Giap How Tan GH was charged with 1 count of insider trading 13 March 2018
trading (Tan GH) under section 188(3)(a) of the CMSA for allegedly
having communicated material non-public information
to Ng Ee Fang between 25 September 2011 and 20
October 2011. The material non-public information
was in relation to the proposed take-over offer by
MBM Resources Bhd to acquire all voting shares and
outstanding warrants in Hirotako Holdings Bhd.
7. Insider Ng Ee Fang Ng EF was charged with 4 counts of insider trading 13 March 2018
trading (Ng EF) under section 188(2)(a) of the CMSA. She is alleged to
have acquired 1,000,000 units of Hirotako Holdings
Bhd (Hirotako) shares between 14 October 2011 and
20 October 2011 while in possession of material non-
public information in relation to the proposed take-over
offer by MBM Resources Bhd to acquire all voting shares
and outstanding warrants in Hirotako.
8. Allowing a Daniel Yong Daniel was charged with 1 count under section 29A 13 March 2018
person who Chen-I (Daniel) of the SICDA. Daniel, who holds an account at CIMB
is not an Investment Bank Bhd, is alleged to have allowed Ng
authorised Ee Fang to effect the acquisition of 1,000,000 units
nominee of of Hirotako Holdings Bhd shares between 14 October
a deposited 2011 and 20 October 2011.
security
to effect
dealings in
respect of
the deposited
security

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