Malaysia legislation

Section 153

of LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 153

Information as an insider

(a)

it is, and he knows it is, inside information; and

(b)

he has it, and knows that he has it, from an inside source, that is to say—

(i)

by virtue of being a director, employee or shareholder of an issuer of securities;

Labuan Financial Services and Securities 149

(ii)

by virtue of having access to the information through his employment, office or profession;

or

(iii)

by virtue of the direct or indirect source of his information being a person who has it in either of the ways set out in subparagraph (i) or (ii).

Definition of “made public”

Section 153 — LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010