Insider trading at Cosco
Posted on Thursday, July 10th, 2008 | In Current Market News, Singapore
Contributed by: Wayne Koh (http://waynekoh.com) -
THE Monetary Authority of Singapore (MAS) has imposed one of its heaviest civil penalties ever on the former financial controller of Cosco Corporation Singapore, Teo Chuan Teck, by fining him $320,000 for insider trading — acting on price-sensitive information that is not generally available to the investor-at-large.
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 About Wayne Koh (http://waynekoh.com)
Financial Advisory Consultant, Phillip Capital Singapore |
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