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MAS issues POs and takes civil penalty action on former CIMB Securities traders for false trading of KS Energy shares

Felicia Tan
Felicia Tan4/25/2022 03:32 PM GMT+08  • 2 min read
MAS issues POs and takes civil penalty action on former CIMB Securities traders for false trading of KS Energy shares
Kris Wiluan, CEO of KS Energy. Photo: The Edge Singapore
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The Monetary Authority of Singapore (MAS) has imposed civil penalties on, as well as issued prohibition orders (POs) against Ngin Kim Choo and Yeo Jin Lui for false trading.

Ngin was issued a five-year PO, while Yeo was issued a four-year PO. The POs took effect on April 25.

Ngin and Yeo are former trading representatives with CIMB Securities (Singapore).

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