High Court defers decision in SRC lawsuit against Najib and ex-CEO

KUALA LUMPUR: The High Court has deferred its decision in a lawsuit by SRC International Sdn Bhd against Datuk Seri Najib Razak and former SRC CEO Nik Faisal Ariff Kamil over breach of fiduciary duty. Justice Ahmad Fairuz Zainol Abidin said he would need time to deliberate on the submissions by the parties in the case. "The...

Apex Securities not affected by hacking, says CEO

KUALA LUMPUR: Apex Securities has clarified that it is not among the brokers affected by the recent stock account hacking. In a note seen by StarBiz, the broker's executive director and CEO, Straise Chong, assured clients it has reviewed the orders placed on affected counters and confirmed they are genuine client transactions. She added that Apex has...

Stock trading accounts hacked, regulators on alert

KUALA LUMPUR: Malaysia's capital market regulators have received reports from a few brokers that there have been unauthorised access and trading activities in a limited number of clients' online trading accounts. In a joint statement, the Securities Commission and Bursa Malaysia said the reports were received on Thursday, April 24, 2025, which also identified incidences of...