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
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?
Metadata
| Item Type: | Article |
|---|---|
| Creators: | Creators Email / ID Num. Salim, Mohammad Rizal UNSPECIFIED |
| Subjects: | J Political Science > JC Political theory. The state. Theories of the state |
| Divisions: | Universiti Teknologi MARA, Shah Alam > Faculty of Law |
| Journal or Publication Title: | UiTM Law Review |
| ISSN: | 1511-9068 |
| Volume: | 1 |
| Number: | 1 |
| Page Range: | pp. 24-39 |
| Keywords: | Law of contract, securities, disclosure of information |
| Date: | 2001 |
| URI: | https://ir.uitm.edu.my/id/eprint/11818 |
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