Ong had pleaded guilty to the charge on Aug 4.
Shares in Hotel Properties Limited (HPL) rose after co-founder and former managing director, Ong Beng Seng, was fined $30,000 for abetting former Minister of Transport, S Iswaran, in the obstruction of justice.
As at 2.47pm, shares in HPL were up by 6 cents or 1.1% higher to $5.52 from the intraday’s low of $5.46.
