Federal Court rules in SC’s favour, Ricky Wong’s leave application dismissed

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Securities Commission News

Ricky Wong Shee Kai,Court Of Appeal

KUALA LUMPUR: A Swedish woman, 72 was also injured when the tree fell and pinned 17 vehicles along the busy Jalan Sultan Ismail on Tuesday (May 7) afternoon.

PETALING JAYA: The Federal Court has unanimously dismissed an application by Ricky Wong Shee Kai who is currently still at-large, for leave to appeal against the Court of Appeal’s decision with respect to his application to attend and participate in court proceedings via remote control technology .

“The SC had on May 5, 2020 initiated a civil action against Wong, Teh Sew Wan and Wong SK Holdings Sdn Bhd for breaching sections 179 and/ or 179 of the Capital Markets and Services Act 2007 in respect of their involvement in several schemes to defraud, in connection with the sale of securities via its rights issue, private placement and employees' share option scheme exercises.”

According to the SC, the application pertained to several orders, mainly that the trial and hearing of any interlocutory proceedings of the civil action are to be conducted via RCT; that Wong be allowed to attend the proceedings of the civil action via RCT; and that he be allowed to give evidence in the civil action via RCT, should he decide to testify.

 

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