SC updates guidelines on offer of shares by unlisted public companies


Securities Commission Malaysia building at Kuala Lumpur.

KUALA LUMPUR: The Securities Commission Malaysia (SC) has issued new guidelines on the offer of shares by unlisted public companies (UPC), aimed at enhancing investor protection and safeguarding market integrity.

The guidelines, which take effect today, supersede the 2021 guidelines on the offer of shares by UPCs to sophisticated investors.

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