Malaysia legislation

Section 154

of LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 154

(2)

Information is made public if—

(a)

it is published in accordance with the rules of the exchange for the purpose of informing investors and their professional advisors;

(b)

it is contained in records which by virtue of law are open to inspection by the public;

(c)

it can be readily acquired by those likely to deal in any securities, or with any issuer of securities, to which the information relates; or

(d)

it is derived from information which has been made public.

(3)

Information may be treated as made public even though—

(a)

it can be acquired only by persons exercising diligence or expertise;

(b)

it is communicated to a section of the public and not the public at large;

(c)

it can be acquired only by observation;

(d)

it is communicated only on payment of a fee; or

(e)

it is published only outside Labuan.

Act 704

Exceptions