The Sessions Court here fixed nine days from Jan 25 next year to hear the case on the alleged acquisition of Kencana Petroleum Berhad shares through insider trading by the company's former executive director and two others.
Judge Zulqarnain Hassan set the date when the case, involving Yeow Kheng Chew, 64, a former business partner of Tun Dr Mahathir Mohamad's son, Datuk Mokhzani, came up for mention today.
The other two accused are Paulene Chee Yuet Fang and a remisier, Tan Yee Chee, 46.
The court also set Oct 14 to mention the case.
The prosecution was conducted by deputy public prosecutor Roz Mawar Rozain, from the Securities Commission, while lawyers Datuk Tan Hock Chuan, Datuk V. Sithambaram and Guok Ngek Sons represented Yeow, Chee and Tan, respectively.
Last July 29, Yeow pleaded not guilty to a charge of acquiring 1,159,000 share units in Kencana Petroleum Berhad based on confidential information about a business merger between Kencana Petroleum Berhad Group and SapuraCrest Petroleum Berhad Group.
He was alleged to have committed the offence through Chee's Central Depository System account at Bursa Malaysia Securities Berhad, Exchange Square, Bukit Kewangan here, on July 8, 2011.
The charge, under Section 188(2) of the Capital Markets and Services Act 2007, provides for a maximum 10 years imprisonment and a fine of not more than RM1 million, on conviction.
Chee and Tan had pleaded not guilty to a charge of abetting Yeow in committing the offence at the same place and date.
The charge, under Section 370(1)(c) of the Capital Markets and Services Act 2007, read with Section 188(2)(a) of the same Act, carries a jail term of not more than 10 years and a fine of not less than RM1 million, on conviction.
Bernama
Thu Aug 11 2016
The prosecution was conducted by deputy public prosecutor Roz Mawar Rozain, from the Securities Commission.
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.