By Azlan Abu Bakar
Published: 2010/06/18
DATUK Ishak Ismail seems unfazed by the Securities Commission's (SC) move to freeze the RM10.2 million gain he got from selling his stake in financially-troubled Kenmark Industrial Co (M) Bhd.
He declined to comment when asked whether he was surprised by the regulator's move.
"I am enjoying roti prata with mutton curry now. Please don't disturb me," he said in a short messaging service reply to Business Times in Kuala Lumpur yesterday.
On Wednesday, the SC obtained an injunction from the Kuala Lumpur High Court to prevent Ishak from using the gains after selling 58.7 million shares in the furniture company.
He was also ordered to give full and complete details of his assets, whether in Malaysia or elsewhere, within four days.
It is believed that this is the first time the SC has secured a court order to freeze proceeds from a share sale.
http://www.btimes.com.my/Current_News/BTIMES/articles/kenmakk/Article/
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