The Securities Commission Malaysia (SC) today charged the former Managing Director of Johor Land Bhd (JLand) with insider trading under section 188(3)(a) of the Capital Markets and Services Act 2007 (CMSA). A.F.M Shafiqul Hafiz, 71, was charged at the Kuala Lumpur Sessions Court with communicating material non-public information to one Dato’ Harjit Singh a/l Gurdev Singh between 22 March 2009 and 6 April 2009.
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