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28 months ago, when the Edge came out with its hidden hands report one name conspicuously absent was that of Low Thiam Hock. READ : Hidden Hands Behind Penny Stock Rise
REPCO Low, was an infamous market name in a bygone era when the trading on the Kuala Lumpur Stock Exchange, could out do that of the New York Stock Exchange. READ : in September 1993, Trading volume On KLSE is stronger than that of the New York Stock Exchange
WHAT will the Securities Commission achieve going after an old man, who has long ceased to be in the business of buying and selling stocks. Why the hardened glove on Low and the soften gloves for the current princeling Kenneth Vun? READ : is Kenneth Vun and the Macau Triad raising funds for Perikatan Nasional
PERHAPS, the SC will say closure. Well if closure is what the SC wants perhaps it is time the market requlators stop hiding behinds sections of the Securities Commission Act and tell Malaysians on what charges it has been pursuing Low for the past 24 years.
EMBARRASSING as it may, the charge is for merely buying the shares of REPCO Bhd. Yes, a 60 year old man is being hounded by the SC for merely buying shares and not trading on it ie buying and selling.
WHY are the sellers not being charged with the same vigour that could see them live the rest of their lives behind bars? Perhaps it is because the sellers don't know REPCO Low personally .
SELECTIVE persecution means, it does not take two to tango, just a face you don't like will do.
