Former Inix CEO jailed for 45 months
Thursday, 23 April 2015
PETALING JAYA: Inix Technologies Holdings Bhd’s former chief executive officer, Jimmy Tok Soon Guan, has been sentenced to 45 months in jail for providing false statements. The Securities Commission (SC) said in a statement yesterday that the sentence was imposed by the Court of Appeal.
Tok, 45, was charged in the Sessions Court in 2011 with one count of providing false information in the company’s prospectus under Section 55 of the Securities Commission Act (SCA) and four counts of submitting false statements to Bursa Malaysia in the company’s quarterly reports between October 2005 and July 2006 under Section 122B of the Securities Industry Act (SIA). Continue reading