insider trading

What companies should observe when conducting share buy-backs
SINGAPORE (Nov 30): Companies buy back their own shares for a variety of capital management reasons, such as to modify the company’s capital structure to improve the return on equity or to enhance earnings per share. Singapore Exchange’s Listing Rules allow a company to purchase its own shares if it has obtained the prior approval of shareholders in a general meeting. The share buy-back is ...
Serial System group CEO called upon again for Bull Will-linked investigations in Taiwan
SINGAPORE (Sept 13): For the second time, Serial System’s executive chairman and group CEO Derek Goh has asked by the Investigation Bureau, Ministry of Justice of Taiwan to personally assist in an ongoing investigation regarding its 19.02%-owned subsidiary, Bull Will. To recap, the group first reported on 28 June this year that Goh received a request by the Bureau and Taipei District ...
Singapore Exchange launches guidebook to curb insider trading
SINGAPORE (Dec 5): The Singapore Exchange has launched a guidebook titled "Handling of Confidential Information and Dealings in Securities: Principles of Best Practice" to help listed companies prevent insider trading. The guidebook articulates broad measures such as having in place clear written policies and procedures on the handling of confidential information and restriction on dealings in ...
Former director linked to CSE Global fined for insider trading of shares in 2011
SINGAPORE (Nov 30): A former director linked to CSE Global has been ordered to pay the Monetary Authority of Singapore (MAS) a civil penalty of $423,000 – in addition to a sum of $61,457.90 for the related legal fees incurred – for insider trading in the shares of the group’s shares in 2011. Tarek Bary, whose full name is Tarek Abdel Tawab Mohamed Abdel Bary, served as the managing ...
Ex-CIMB banker admits insider trades in Singapore takeovers
  SINGAPORE (May 26): Alan Tay Yeow Kee, a former CIMB Group Holdings Bhd. banker, admitted to insider trading on two stocks before the companies received takeover offers. Tay, 41, pleaded guilty to trading on price-sensitive information in a Singapore State Court on Friday and was fined $180,000. He bought shares in Qualitas Medical Group Ltd. and welding products supplier Leeden Ltd. ...