Securities Commission Malaysia

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Securities Commission Malaysia· Finance · 6 sources · Jul 23, 2026Story

Former Bank Analyst Jailed Three Years for Unlicensed Securities Activities

A Kuala Lumpur Sessions Court convicted former bank analyst Mohd Arif Fadzlee Mohd Arifin and sentenced him to three years in prison for unlicensed regulated activities and the unlawful use of the Unit Trust Consultant title in relation to dealing in securities without a CMSRL, with offences dating back to 2011 in Petaling Jaya and Nilai. The case was brought by the Securities Commission Malaysia and followed a trial during which he was bail-release before the conviction.

Finance· Jul 23, 2026

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Securities Commission Malaysia· Business · 6 sources · Jul 23, 2026Story

MBSB completes MIDF Amanah sale to Tortoise Works

MBSB Berhad has completed the divestment of its 100% stake in MIDF Amanah Asset Management Bhd to Tortoise Works Sdn Bhd, as part of a strategic move to sharpen focus on core banking. The deal, approved by the Securities Commission on July 9, 2026, preserves MAAM’s heritage while expected to have no material financial impact on MBSB as it transitions to new ownership and growth.

Business· Jul 23, 2026

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