Securities Commission revokes licence, imposes penalty on former CIMB Investment Bank staff due to improper business practices | Malay Mail

due to improper business practicesKUALA LUMPUR, May 23 ― The Securities Commission Malaysia has revoked the Capital Markets Services Representative’s Licence of Chu Li Choon, effective May 10, 2019, for various improper business practices when transacting for her client.

“Chu’s CMSRL was revoked under Section 72 read together with section 65 of the Capital Markets and Services Act 2007 , as she is no longer fit and proper to carry out regulated activities in the Malaysian capital market,” the regulator said in a statement today.The SC imposed a penalty of RM100,000 against Chu for failing to comply with the conditions of her CMSRL which requires her to remain fit and proper at all times as provided under Paragraph 7.03 of the SC’s Licensing Handbook.

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Azmin: Malaysia to boost investment via Bandar Malaysia, ECRL | Malay MailKUALA LUMPUR, May 16 — The Malaysian government will focus on encouraging investments from the private sector and also boosting investments through major projects including Bandar Malaysia and the East Coast Rail Link (ECRL), Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said today.... Whats azmin talking about? Previous Government’s strategic economic planning.. Those are BN idea... Think of something else to talk lah? B4 GE14, you guys said all these are rubbish n wasting Rakyat's money. Now, Rakyat believed you of your stories n voted you in as the govt. After winning, now you're saying that its all good for the country! Meaning all things said b4 GE14 were lies and manipulated voters? BS!
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