Supermax ED vacates office after fine, jail term

TheStar Fri, Aug 10, 2018 07:56am - 5 years View Original


The Kuala Lumpur Sessions Court yesterday convicted Cheryl(file pic) and her sister for insider trading offences committed in October 2007, the Securities Commission said in a statement.

The Kuala Lumpur Sessions Court yesterday convicted Cheryl(file pic) and her sister for insider trading offences committed in October 2007, the Securities Commission said in a statement.

KUALA LUMPUR: Supermax Corp Bhd said group executive director Datin Seri Cheryl Tan Bee Geok has vacated her office after she was fined RM7mil and sentenced to a five-year jail term for insider trading offences.

The company, in a statement today, said a succession plan is in place and it is business as usual in Supermax.

“The position of the business remains intact and the management stands strong in growing the business going forward,” it said in statement today.

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Comments

Lawrence Ding
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How is it that people in Malaysia who cheat and steal is still holding Datin Series title.Is it the norm in MALAYSIA??

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