Singapore legislation

Section 215

Information generally available

Amended by4/2017

For the purposes of this Division, information is generally available if —

(a)

it consists of readily observable matter;

(b)

without limiting paragraph (a) —

(i)

it has been made known in a manner that would, or would be likely to, bring it to the attention of any of the following classes of persons:

(A)

persons who commonly invest in securities of a kind of which the price or value might be affected by the information;

(B)

persons who commonly invest in securities‑based derivatives contracts of a kind of which the price or value might be affected by the information;

(C)

persons who commonly invest in CIS units of a kind of which the price or value might be affected by the information; and

(ii)

since it was so made known, a reasonable period for it to be disseminated among such persons has elapsed; or

(c)

it consists of deductions, conclusions or inferences made or drawn from either or both of the following:

(i)

information referred to in paragraph (a);

(ii)

information made known as referred to in paragraph (b)(i).