Bursa Reader Friendly Guide

Drafting
Drafting

For persons who draft announcements and circulars

Bursa has issued the Reader Friendly Guide in 2019 to provide guidance to persons who prepare announcements and circulars to shareholders (collectively, “Disclosure Documents”) and assist them to ensure that the disclosures are clear, simple and succinct.

The Guide recommends 3 principles for disclosure in the Disclosure Documents:
1. Highlight key information by way of “Executive Summary”.
2. Present the information in an organised and effective manner.
3. Use clear and simple language.

There are some good comparisons of simple language versus more verbose versions such as:
“because” instead of “because of the fact that”
“although” instead of “despite the fact that”

However, I am not sure if “the perceived or calculated value of a company, including tangible and intangible factors, using fundamental analysis” is easier to understand than “intrinsic value”.

The Guide could be accessed here:

Click to access Reader_Friendly_Guide_2019.pdf

#malaysiancorporatelawyer
#plainenglish
#drafting

This post was first posted on Linkedin on 6 April 2021.

Company Law
Legal Requirements for Allotment of Shares in Malaysia

M&A transactions often involve allotment of shares in a company. Understanding the legal requirements for allotment of shares is essential to ensure compliance and avoid potential disputes over the validity of allotment of shares. The following are the key steps for allotment of shares under the Companies Act 2016 (CA) …

Due Diligence
The Mind That Never Rests

What does a corporate transactional lawyer do while waiting in the lift, at a restaurant counter or for coffee at a café? I read the licenses on display, check their validity periods, and scan for conditions. When I see certificates on the walls, I can’t help but examine them too. …

Lawyering
Learning to Appreciate the Small Things

One afternoon, I walked into the office, feeling unsettled after a discussion with another adviser. As I took my laptop from my bag and placed it on my desk, something caught my eye-a small handmade paper box, stapled at the sides, neatly holding some binder clips. The day before, I …