Firm, director charged with offering shares worth RM15m to public

A company and its director, a Singaporean, have been charged in the Sessions Court on four charges of offering RM15 million worth of Islamic Redeemable Preference Shares (iRPS) to the public between Aug 2020 and Aug 2021.

The Companies Commission of Malaysia (CCM), in a statement, said FGP Ventures Sdn Bhd and Khemlani Satesh, 62, were charged on Nov 28...