Two major shareholders of Ace-listed Rexit Berhad have been found guilty and sentenced to jail terms for collecting the personal data of around 9300 people, according to local Chinese media quoting market sources.

The two shareholders hold nearly 40% of Rexit collectively.

As at 12:18 Oct 25, Rexit's stock fell 0.025 sen or 3.33% to RM0.725.

Singaporean news portals said the Rexit shareholders pleaded guilty to one charge each of conspiring with a Chinese national to obtain the private information of 9,369 individuals.