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GreenEnergy Ltd, an ASX-listed company, plans to release market-sensitive inform...

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GreenEnergy

Ltd, an ASX-listed company, plans to release market-sensitive information about

a new solar technology. The CEO shares this information privately with a select

group of institutional investors. The periodic disclosure requirements under

the ASX Listing Rules are designed to prevent this kind of disclosure.

Address if the statement is true or false, and briefly justify why.

(3 marks)

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