Admission Processes & Procedures

5.10

Do the issuer of structured warrants and its directors have to provide any undertakings to Bursa Securities?

​Yes, an issuer of structured warrants has to furnish to Bursa Securities an undertaking in the form as prescribed in Annexure PN27-C of Practice Note 27 while its directors have to provide undertakings in the form as prescribed in Annexure PN27-D of Practice Note 27.