JANUARY 7 ― Section 29A of the Security Industry Act 1991 states as follows:
In simple words, the offence under section 29A is indictable, that is, a charge may be preferred against the offender. That you, between 14 October 2011 and 20 October 2011 at Bursa Malaysia Securities Berhad , Exchange Square, Bukit Kewangan, 50200 Kuala Lumpur in the Federal Territory of Kuala Lumpur, as the beneficial owner of Central Depository System [CDS] account bearing number xxx-xxx-xxxxxxxxx maintained at [an investment bank] had allowed one [XYZ] to effect the acquisition of 1,000,000 units of [a limited company] Act 1991 , and punishable under section 51 of the same Act.
On the same day the accused was charged, charges were also filed against two other persons, one of whom was the accused’s wife. She was preferred with four charges under s 188 of the Capital Markets and Services Act 2007 , and registered as Case No 62SC--03 of 2018.