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On 26 May 2023, three persons were convicted and sentenced to fines ranging from $100,000 to $150,000 for insider trading offences under the Securities and Futures Act (“SFA”).
SINGAPORE: Three family members have been fined sums ranging from S$100,000 to S$150,000 for insider trading offences over the acquisition of DuluxGroup by Nippon Paint. Shae Toh Hock, 62, was the senior vice president of corporate planning and development at a Nippon Paint Holdings subsidiary in Sing