Malaysia's freshest news, trending stories and local buzz.
The US Securities and Exchange Commission has settled fraud charges against Adit Ventures Management and its founder over misleading investors about pre-IPO share investments in companies including SpaceX and Klarna.
A former bank analyst has been jailed for three years after being convicted of conducting unlicensed securities activities and misusing professional credentials, marking an enforcement action by Malaysia's Securities Commission.
The Securities Commission has brought charges against three brothers across multiple Kuala Lumpur Sessions Courts for conducting unlicensed capital market operations, marking another crackdown on illegal financial activities.
A former company director has been handed a five-year prison sentence after conviction for managing funds without proper licensing and money laundering offences spanning 2018 to 2020.
A High Court has ordered an investment holding firm to pay RM12.8 million to 39 investors over the company's failure to deliver promised preferred stock and fixed dividend payments, rejecting the firm's attempt to evade contractual obligations.