“The amendments, effected through changes made to Schedules 6 and 7 of the CMSA, have widened the categories of sophisticated investors, ” it said.
KUALA LUMPUR: The Securities Commission Malaysia (SC) has widened the categories of sophisticated investors to allow more investors to expand their investment options while issuers can now tap into a larger pool of sophisticated investors.
The SC said in a statement these were among the several amendments to the Capital Markets and Services Act 2007 (CMSA), which came into force on Thursday.
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