trading account

The SC has arrived at a decision that there was no breach of section 25(4) of the Securities Industry (Central Depositories) Act 1991 (SICDA) with relation to Tan Sri Azam Baki's trading account.

The SC, in concluding its enquiry in relation to Tan Sri Azam Baki's trading account, is not able to conclusively establish that a breach under Section 25(4) SICDA has occurred.

SC will be in touch with the parties involved, including Azam Baki, for an explanation and to verify statements made, as well as gather any relevant evidence related to his share trading account.

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