Category: Securities Commission

DAP fully supports the Securities Commission decision that share application forms should be made available in newspapers to overcome abuses blatant in the HICOM issue

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Penang on Tuesday, 1st February 1994:

DAP fully supports the Securities Commission decision that share application forms should be made available in newspapers to overcome abuses blatant in the HICOM issue.

DAP fully supports the Securities Commission decision that share application forms should be made available in newspapers to overcome abuses blatant in the HICOM issue, like syndicates which hog the forms to sell them for as high as RM300 each when it is distributed free. Continue reading DAP fully supports the Securities Commission decision that share application forms should be made available in newspapers to overcome abuses blatant in the HICOM issue

Why is the Securities Commission dragging its feet on the Union Paper shares scandal when the KLSE had completed and submitted its investigations to it “sometime back”

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Saturday, August 21, 1993:

Why is the Securities Commission dragging its feet on the Union Paper shares scandal when the KLSE had completed and submitted its investigations to it “sometime back”

The Kuala Lumpur Stock Exchange executive chairman, Datuk Nik Din Nik Yusoff said yesterday that KLSE investigations into the Union Paper shares irregular trading had been completed “some time back” and that the findings had been submitted to the Securities Commission. Continue reading Why is the Securities Commission dragging its feet on the Union Paper shares scandal when the KLSE had completed and submitted its investigations to it “sometime back”

DAP calls on Finance Minister, Anwar Ibrahim, to explain the long delay in taking action against the culprits responsible for the Union Paper Holdings Bhd. Shares scandal

Speech (Part 3) by Parliament Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, at the Perak DAP State Convention held in Ipoh on Sunday, August 15, 1993 at 10a.m.

DAP calls on Finance Minister, Anwar Ibrahim, to explain the long delay in taking action against the culprits responsible for the Union Paper Holdings Bhd. Shares scandal

It is coming to two months since the Union Paper Holdings Bhd. Shares scandal and despite assurances given by the Finance Minister, Datuk Seri Anwar Ibrahim, to the DAP in Parliament last month that he was satisfied with the actions being taken by the various regulatory agencies, no one had been arrested or prosecuted for the offence of short-selling yet. Continue reading DAP calls on Finance Minister, Anwar Ibrahim, to explain the long delay in taking action against the culprits responsible for the Union Paper Holdings Bhd. Shares scandal

Has the Securities Commission the power to take action against prominent UMNO personalities who are involved in corporate fraud in the securities market?

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in the Dewan Rakyat on the Ministry of Finance during the debate of the committee stage of the second set of 1993 supplementary estimates on Thursday, 29th July 1993

Has the Securities Commission the power to take action against prominent UMNO personalities who are involved in corporate fraud in the securities market?

Since March 1 this year, the Securities Commission, with overall responsibility for the securities and futures industry, including supervision of exchanges, clearing houses and central depositories, had been fully operational. Continue reading Has the Securities Commission the power to take action against prominent UMNO personalities who are involved in corporate fraud in the securities market?