Bursa warns companies not to exaggerate, over-state Covid-19 ventures


KUALA LUMPUR (Bernama) -- Listed companies that are taking advantage of business opportunities arising from the COVID-19 pandemic must ensure that they give factual, accurate, relevant, and up-to-date disclosures to Bursa Malaysia, with the information presented in a clear and balanced manner.

In a statement today, Bursa Malaysia Securities Bhd said it observed a surge in COVID-19-related disclosures lately on listed issuers venturing into various new investments or business collaborations, including by way of memorandum of understanding, letter of intent and distributorship agreement.

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