KUALA LUMPUR (April 22): The Securities Commission Malaysia (SC) had 64 ongoing investigation cases at the end of last year, primarily looking into corporate misconduct, manipulation and insider trading.
The case load is a slight increase from the 62 it had on record at end-2024, according to the SC’s Annual Report 2025 released on Tuesday.
In the course of its investigations, it recorded statements from 335 individuals, more than two-thirds of whom were directors, senior management and employees of public-listed companies; professionals such as investment bankers, auditors and lawyers; investors and accountholders; and licensed persons.
“Throughout the year, 1,152 notices to produce documents were issued and 10 raids were conducted to procure documents across various locations in Malaysia,” it added.
In the courts, the SC completed 10 criminal actions with no pending appeals and 5 civil cases.
The completed criminal cases resulted in nine persons convicted and fines amounting to RM13.1 million. Disgorgement and civil penalties from its completed civil actions amounted to RM2.07 million.
It still had 38 ongoing cases at first instance or appeal stages at end-2025.
The regulator restituted 239 investors in 2025 in the amount of RM1.98 million. Another RM8.63 million has been earmarked for restitution involving 993 investors.
Lower sanctions, penalties imposed in 2025
In addition to criminal and civil proceedings, SC said it took administrative action against 34 individuals and entities.
Overall, sanctions imposed in 2025 stood at 99, down from 125 in 2024. Total value of penalties imposed was also lower at RM8.28 million, down 39.7% from RM13.72 million in 2024.