14.5

X is the chief financial officer of A Berhad, a company listed on Bursa Securities. If X does not have access or is not privy to price sensitive information in relation to A Berhad, will he still be considered as a principal officer for the purpose of paragraph 14.03 of the Main LR?

​Yes, pursuant to paragraph 14.02(i) of the Main LR, since X is a chief financial officer of A Berhad, he is considered as a principal officer of A Berhad.

The same principle applies for the meaning of "principal officer" of a listed issuer which is a collective investment scheme under paragraph 14.02(i)(ii) of the Main LR.