His conviction was a result of a joint investigation conducted by MAS and the Commercial Affairs Department of the Singapore Police Force, following a referral by the Singapore Exchange Securities Trading Limited to MAS, said the authority.
Wong pleaded guilty to seven counts of market manipulation and one count of using a another person's security account for his own trades. The remaining 11 charges were taken into consideration for sentencing.Wong was a director of WLA Regnum from 2007 to 2017. The company's business included advising corporate entities on initial public offerings on the mainboard or catalist board of the SGX-ST.
His trades caused Gaylin's share prices to close 6.5 per cent to 38.6 per cent higher than they would have done otherwise, said MAS.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »