144 Notice to the Registrar and stock exchange

Notice to the Registrar and stock exchange

A company shall, within fourteen days after the shares are purchased, lodge with the Registrar and the Stock Exchange a notice in the prescribed form, as provided in Section 67A(6) Companies Act 1965.

If default is made in complying with this section, the company, every officer of the company and any other person or individual who is in default shall be guilty of an offence against this Act, as provided in Section 67A(7) Companies Act 1965.

The penalty for an offence in this section is imprisonment for five years or one hundred thousand ringgit or both.


BCS 202/05 Corporate Compliance Management Copyright © 2011 by Wawasan Open University. All Rights Reserved.


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