MAS issues POs and takes civil penalty action on former CIMB Securities traders for false trading of KS Energy shares

The Monetary Authority of Singapore (MAS) has imposed civil penalties on, as well as issued prohibition orders (POs) against Ngin Kim Choo and Yeo Jin Lui for false trading.

Ngin was issued a five-year PO, while Yeo was issued a four-year PO. The POs took effect on April 25.