PUTRAJAYA, July 10 — The Court of Appeal today set aside the two-year imprisonment imposed by the High Court on former Transmile chief executive officer Gan Boon Aun, for furnishing misleading financial statement on the company to Bursa Malaysia Securities Berhad (Bursa Malaysia).

KUALA LUMPUR, Jan 25 — The High Court today allowed the Securities Commission’s (SC) appeal and increased the jail sentence of former Transmile chief executive officer and executive director Gan Boon Aun from one day to 24 months.