Bursa cautions over 'exaggerated' Covid-19 ventures

Bursa Malaysia has cautioned all listed companies to avoid using “exaggerated”, “flamboyant” or “overstated” words in disclosures on Covid-19 related investments to prevent unwarranted price movements.

PETALING JAYA: Following the surge in Covid-19-related disclosures recently, Bursa Malaysia has cautioned all listed companies to avoid using “exaggerated”, “flamboyant” or “overstated” words in disclosures on Covid-19 related investments to prevent unwarranted price movements.

The companies were reminded to refrain from any form of promotional disclosure activity.