February 24, 2005
Daily Express (Malaysia)
Kuala Lumpur: The Securities Commission (SC) Wednesday released a guide to encourage the use of plain English in prospectuses in efforts to ensure that information in offer documents were easily understood by investors for them to make informed investment decisions.
Investors would be encouraged to read and will find it easier to comprehend prospectuses if those documents were written in plain English, as well as presented in a clear, concise and effective manner, the SC said in a statement here Wednesday.
It said that prospectuses provide vital information concerning the offer and the company as well as the risks of an offered investment.
The Plain Language Guide for Prospectuses outlines several approaches on how to provide clearer disclosures in prospectuses and is available on the SC website at www.sc.com.my.
Full Story: www.dailyexpress.com.my/news.cfm?NewsID=32801
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