The Sessions Court today sentenced Low Thiam Hock aged 53, to five years imprisonment and a fine of RM5 million for the manipulation of Repco Holdings Berhad shares in 1997. Low was convicted for an offence under section 84(1) of the Securities Industry Act 1983 (SIA) for acts calculated to create a misleading appearance with respect to the price of Repco shares on 3 December 1997, on the then Kuala Lumpur Stock Exchange.
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