Tag: insider trading
KNM Group Directors Found Guilty of Violating Bankruptcy Law, ESOS Share Allocations Questioned
KNM Group's former directors Lee Swee Eng and Chew Fook Sin were found guilty by Indonesia's Supreme Court in a bankruptcy case. Recent ESOS share allocations to family members, including those involved in the case, raise serious questions about corporate governance and shareholder interests.
KNM Executive Director Gan Siew Liat Accused of Diverting ESOS Shares to Family Members
KNM Group Executive Director Gan Siew Liat is accused of diverting 155 million ESOS shares to family members, including her husband Lee Swee Eng who faces insider trading charges. Employees demand the return of shares, while shareholders call for leadership changes at the upcoming AGM.
KNM CEO Lee Swee Eng Faces Insider Trading Charges Amid Corporate Misconduct History
KNM Group CEO Lee Swee Eng faces insider trading charges for allegedly profiting from 31 million shares between February and April 2010. This case is linked to prior reprimands and fines issued to KNM's board, raising questions about corporate governance and shareholder protection.