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

• Main Author: WAN, Wai Yee
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Misleading disclosure; omission of material information; securities market; Securities Law
• Online Access: https://ink.library.smu.edu.sg/sol_research_smu/54; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1053&context=sol_research_smu
• Institution: Singapore Management University

In Madhavan Peter v PP and other appeals,[1] 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,[2] 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.