Former Axis adviser faces jail if RM800,000 fine for false financial reports goes unpaid
Photo: The Vibes
The High Court upholds Lee Koon Huat’s conviction and fines over inflated revenue figures for 2007, granting a stay on his prison sentence but requiring payment...
From the original report
FORMER Axis Incorporation Bhd adviser Lee Koon Huat must pay RM800,000 in fines by today or face imprisonment in default after the Kuala Lumpur High Court upheld his conviction for abetting the submission of false financial statements to Bursa Malaysia.
The court dismissed Lee's appeal against his conviction and sentence for four offences involving the company's reported revenue for the 2007 financial year, the Securities Commission Malaysia (SC) said.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at The Vibes
The Vibes
Read the full translated article in Japanese →
Related stories
-
Kedah Cop In Viral Ipoh Hit And Run Escapes Death Penalty, Jailed Over Student’s Death Crime1h ago
-
Malaysian Customs Seize RM49.3 Million Worth Of AI Servers At KLIA Airport Crime10/28 17:49
-
Behind Chow Kit shopfronts, Immigration uncovers alleged illegal money transfer network, eight detained Crime10/28 15:51
-
Motorcyclist killed in crash involving 4WD, trailer in Klang Crime10/28 15:51
About this story
- Source
- The Vibes
- Originally published
- Oct 28, 2026
- Updated here
- Oct 28, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
- Corrections
- Corrections log · Report an error