The prospectus disclosure regulatory regime in Malaysia / Mohammad Rizal Salim

Salim, Mohammad Rizal (2001) The prospectus disclosure regulatory regime in Malaysia / Mohammad Rizal Salim. UiTM Law Review, 1 (1). pp. 24-39. ISSN 1511-9068

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Abstract

The relationship between the issuer and subscribers of securities has traditionally been based on the law of contract whereby misrepresentation, whether innocent or fraudulent, will result in the contract being rendered voidable. In addition, the law imposes an obligation on the issuer of securities to disclose certain specified1 and relevant2 information. One may wonder why there is a need to disclose information for the issue of securities. Consider if the legislature enacts a law requiring car salesmen to disclose all information relating to the car to potential purchasers. Or any other merchandise, for that matter. What is the difference between cars and securities?

Item Type: Article
Uncontrolled Keywords: Law of contract, securities, disclosure of information
Subjects: J Political Science > JC Political theory. The state. Theories of the state
Divisions: Faculty of Law
Depositing User: Staf Pendigitan 1
Date Deposited: 02 May 2015 01:52
Last Modified: 02 Jun 2016 17:07
URI: http://ir.uitm.edu.my/id/eprint/11818

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