Section 135

is necessary to avoid the creation or continuation of a false market in the securities of the company namely a market which is based on incomplete or inaccurate information; or

{c)

might reasonably be expected materially to affect market activity in and the price of its securities.

A company shall ensure that when disclosing information pursuant to subsection (1){a) to {c) that the means it uses for disseminating information can be reasonably expected to provide for equal, timely and effective access to such information by the holders of the securities of the company and investors.

A company meets the requirements of subsection (1) when information that affects the market or a sector of the market generally is made public in a manner that would be likely to bring it to the attention of investors who 1340

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commonly invest in securities of a kind whose price or value might be affected by the information.

A company may, under its own responsibility, delay the public disclosure of price sensitive information or inside information such as not to prejudice its legitimate interests provided that

{a}

such omission would not be likely to mislead public investors;

{b)

any person receiving the information owes the company a duty of confidentially, regardless of whether such duty is based on any written law, articles of association or contract; and

{c)

the company is able to ensure the confidentiality of that information.

In the event that a company is also traded or listed on a foreign securities exchange, the company shall ensure that where information is released to those markets the same information is released in Brunei Darussalam simultaneously or C}.S soon as practicable.

Without limiting the generality of this section, a listed company or a publicly tradable company shall also comply with such further obligations and requirements as may be prescribed by the Authority.

Required disclosure following unusual trading price or volume.