|
|
|
|
|
SC looking at whether to publicise Rulings |
|
|
|
|
|
PETALING JAYA: The Securities Commission (SC) is thinking about disclosing its rulings on major decisions relating to the Takeover Code, industry sources said.
“Some markets such as Hong Kong provide the market with the full ruling by their regulators. The idea of disclosing rulings here has been talked about before but it is surfacing again,” said an investment banking source.
If such a move is implemented, then it would cover decisions made by the SC like the recent one regarding Eastern & Oriental Bhd (E&O) where the regulator had to decide whether Sime Darby Bhd would have been required to make a general offer for all the shares of the former company.
In fact, industry sources say it is the E&O/Sime Darby case that is prompting the regulator to revisit the idea of making its rulings public.
|
|
|
|
[Click here to view the full text] |
|
|
|
|
|
|
| Related Stories |
|
| SC should uphold stringent requirement of disclosure |
|
| Source |
: |
The Star |
|
|
|
|
| Date of Publication |
: |
Thursday, 02 February 2012 |
|
|
|
|
| Original Title |
: |
SC looking at whether to publicise rulings |
|
|
|
|
|
|
|
|
|
The above/attached materials are sourced from the website of the official/original source. You shall not reproduce the above/attached materials in whole or in part without the prior written consent of the original/official source. Neither the Publishers nor the official/original source will be liable for any loss, injury, claim, liability, or damage caused directly, indirectly or incidentally to errors in or omissions from the above/attached materials. The Publishers also disclaim and exclude all liabilities in respect of anything done or omitted to be done in reliance upon the whole or any part of the above/attached materials. The access to, and the use of, the MLTIC web portal and contents herein are subject to the Terms of Use.
|
| |
|
|
| |
|
| SUPPORTING ORGANIZATIONS |
|
 |
|
| BOARD OF ADVISORS |
|
| |
|
|
|
|
| MORE NEWS |
|
|
|
|
|
