February 24, 2018
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KUALA LUMPUR (Feb 13): Three-A Resources Bhd chairman Datuk Mohd Nor Abdul Wahid is alleged to have committed an offence after Malaysia’s public prosecutor claimed that Mohd Nor acquired 500,000 Three-A shares while in possession of corporate information that was not generally available.

According to the charge sheet today, the corporate information involved the proposed collective venture between Three-A and Wilmar International Ltd. Mohd Nor is alleged to have committed the offence on Oct 5, 2009 through Azuzay Zamani’s central depository account bearing the number 056-001-046813945.

Today, the charge sheet showed that Mohd Nor has been charged under section 188(2)(a) of the Capital Markets and Services Act 2007. If found guilty, Mohd Nor can face imprisonment for a term not exceeding 10 years and fine of not less than RM1 million, according to the document.

 



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