There is a growing recognition globally that healthy capital markets require an effective regime for financial reporting. Disclosures in a listed company’s financial statements provide critical information relating to the company’s affairs and for this reason, the law has clear provisions addressing the disclosure of false or misleading information to the regulators and the public.
In this Update, we provide insights on some of the prosecutions undertaken by the Securities Commission Malaysia for false or misleading disclosures made by public listed companies in Malaysia.
For more information, click here to read the full Legal Update.
