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Bursa Malaysia reprimands, fines and strikes dealer rep off register for abusing clients accounts

KUALA LUMPUR (March 4): Bursa Malaysia Securities Bhd (Bursa Malaysia) has publicly reprimanded Mohd Ikmal Zulkifli and ordered him to be struck off its register for carrying out trades in the accounts of two clients without their permission. Ikmal, who was attached to RHB Investment Bank Bhd’s Pandan Indah branch office here at the time of committing the offence, was also fined RM28,500. In a statement today, the local bourse operator said Ikmal had misused Client A’s account to carry out his own trading activities of share speculation on numerous trading days. Over a period of two months, he misused Client B’s account to carry out trades based on his own discretion without Client B’s knowledge and consent; the shares were then force sold.

Covid-19 (Mar 3): 1,745 new cases, 7 deaths

Covid-19 (March 3): 1,745 new cases, 7 deaths Published Modified5 Mar 2021, 11:12 am A COVID-19 | The Health Ministry today reported 1,745 new Covid-19 cases amidst seven more deaths.   Locals continue to comprise the majority of new cases (59.5 percent), with most infections detected in the Klang Valley followed by Johor and Sarawak. Active cases: 24,025 Intubated: 95 Active cases are still on a downtrend as recoveries continue to outpace new cases. There are no discernable trends in terms of those needing intensive care. Almost 80 percent of new cases in Selangor were detected through existing clusters or contact tracing amidst the normalisation of contact tracing efforts.  Deaths Two deaths were reported in Kuala Lumpur. There was one each reported in Selangor, Sarawak, Sabah, Johor and Kelantan.

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