KUALA LUMPUR: The Securities Commission (SC) had on Monday issued new guidelines on offer of shares by unlisted public companies (UPCs) to sophisticated investors which will take effect on Aug 1.
It said the guidelines aim to safeguard investors’ interest due to increased queries and complaints received by the SC on offering of shares by UPCs.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!