In Madhavan Peter v PP and other appeals, the Singapore court had to consider the scope of the offence of misleading disclosure to the securities market allegedly committed by three directors of Airocean, a company listed on Singapore Exchange (“SGX”), and the scope of the offence of non-disclosure of material information to the securities market allegedly committed by two of the three directors. The case is controversial and significant for a number of reasons.
Misleading disclosure, omission of material information, securities market
WAN, Wai Yee.
Recent Development on Misleading Disclosure and Non-disclosure to the Securities Market (and their relationships with Insider Trading) in Singapore: Madhavan Peter v PP and other appeals. (2013). Company Lawyer. 35, (1), 13-23. Research Collection School Of Law (SMU Access Only).
Available at: http://ink.library.smu.edu.sg/sol_research_smu/54