High Court acquits ex-Supermax MD of insider trading

Hidir Reduan Abdul Rashid

Modified 29 Sep 2020, 7:39 am

The Kuala Lumpur High Court has acquitted former Supermax Corp Bhd managing director Stanley Thai Kim Sim of insider trading offences.

High Court judge Azhar Abdul Hamid allowed the appeal by Thai during open-court proceedings this afternoon.

In effect, this means that the five-year jail sentence and RM5 million fine against...

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