PETALING JAYA: Bursa Malaysia Bhd is looking into Berjaya Corp Bhd’s proposed acquisition of a 70% stake in Ascot Sports Sdn Bhd and will take appropriate steps to ensure that proper disclosures are made, the Securities Commission (SC) and Bursa said in separate statements yesterday.
“Should there be elements of misrepresentation or other breaches of securities laws, both Bursa and SC will take appropriate action as provided for by the listing rules and securities laws,” they said.
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