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The Malaysian United Democratic Alliance (MUDA) says the reasons offered by Attorney General Tan Sri Idrus Harun to compound Serba Dinamik Holdings Bhd and its executives instead of pursuing criminal proceedings against them have triggered more questions than answers.
Serba Dinamik Holdings Bhd rose as much as one sen or 11.76% to 9.5 sen on Friday (May 13) after the company and its four top executives, who were involved in a quagmire in the submission of false information, paid a total of RM16 million in compounds issued by the Securities Commission Malaysia (SC).
Amendments to the JSE Listings Requirements to cut red tape and achieve effective, fit-for-purpose regulations for financial markets have been approved. On 4 May 2022, the JSE Limited (JSE) announced that the Financial Sector Conduct Authority (FSCA) published its approval of amendments to the JSE Listings Requirements, which will be effective from 1 June 2022.
Serba Dinamik Holdings Bhd and its four top executives involved in the submission of false information have paid a total of RM16 million compound issued by the Securities Commission Malaysia.
Baker McKenzie's latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over the past two years, African competition regulators have actively engaged in efforts to address pandemic-related challenges, but there has also been a general upward trend in competition policy enforcement across the continent. This trend is highlighted by a number of significant recent developments in competition law regulation ac...