Malaysia legislation
Section 63
Section 63
(2)
An officer of a Langkawi company shall not make improper use of any information acquired by reason of his office to gain, whether directly or indirectly, an advantage for himself or any other person or to cause detriment to the company.
(3)
An officer of a Langkawi company who contravenes this section shall be—
(a)
liable to the company for any profit made by him and for any damage suffered by the company as a result of such breach; and
(b)
guilty of an offence against this Act.
(4)
This section is in addition to and not in derogation of any other written law or rule of law relating to the duties or liabilities of directors or officers of a company.
Secretary