5 men charged for failing to disclose sensitive information to SGX: report

5 men charged for failing to disclose sensitive information to SGX: report

Ibtimes·2018-01-18 04:05

Five men were charged on Tuesday for intentionally failing to disclose sensitive price information to the Singapore Exchange (SGX), Channel NewsAsia reported.

The five accused Oh Gim Teck, 68; Go Twan Heng, 67; Ngiam Zee Moey, 61; Tham Poh Weng, 60 and Desmond Ong Tai Tiong, 48, are said to have committed the offence sometime between 2007 and 2010, the report said citing court documents.

The information held by the accused could have affected the price or value of a company's securities. At the time of the alleged offence, the five suspects were officers of New Lakeside Holdings Limited, or NLHL, the report said.

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