2026-04-06
The Securities Commission issued revised guidelines on 30 March 2026 to facilitate the issuance of private debt notes and Islamic private debt notes by private companies to specific persons. The amendments expand Part 5 to cover a broader range of debt instruments, insert definitions for private companies and debt notes, and clarify eligibility criteria and exemption requirements for issuers. Additional changes include new provisions on the utilization of proceeds, lodgement acknowledgements, withdrawal notices, and the Securities Commission's power to issue directives.