Singapore legislation
Section 203
Section 203
Continuous disclosure
(1)
A person to whom this subsection applies must not intentionally, recklessly or negligently fail to notify the approved exchange of such information as is required to be disclosed by the approved exchange under the listing rules or any other requirement of the approved exchange, if the person is required by the approved exchange under the listing rules or any other requirement of the approved exchange to notify the approved exchange of information on specified events or matters as they occur or arise for the purpose of the approved exchange making that information available to an organised market operated by the approved exchange.
(2)
Subsection (1) applies to any of the following:
an entity, the securities or securities‑based derivatives contracts of which are listed for quotation on an approved exchange;
a trustee‑manager of a business trust, where the securities or securities‑based derivatives contracts of the business trust are listed for quotation on an approved exchange;
a responsible person of a collective investment scheme, where the units in the collective investment scheme are listed for quotation on an approved exchange.
(3)
Despite section 204 or 335, a contravention of subsection (1) is not an offence unless the failure to notify is intentional or reckless.