The regulations apply to substantial shareholders of all public companies; whether listed on an exchange or nor (please refer to Regulations 5 of the Securities Industry (Reporting of Substantial Shareholding) Regulations 1998.
Notifications and/or applications for extension of time should be made to:Issues and Investment Division
Securities Commission
3, Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
For a person who was a substantial shareholder on the date these Regulations came into force, which was 1 May 1998, the “Date interest acquired” is May 1998.
For any subsequent notifications, this column may be filled up by stating how one came into these shares, i.e open market transaction, off market, bonus issues, rights issues, private placement, etc.
Section 123 of the Securities Industry Act states the general penalty for failure to comply with this requirement is, upon conviction, a fine not exceeding RM 1,000,000 or imprisonment for a term not exceeding 5 years or both.
The document may be obtained from :
Government Printers (Percetakan Nasional)
Jalan Satu,
Chan Sow Lin
50554 Kuala Lumpur.
Tel (Bookshop) : 603-2252858 / 2252886
The Regulations may also be viewed on the SC’s website.
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.
