(b) any public statutory corporation constituted under any written law who carries on the regulated activity dealing in securities or fund management (Paragraph 14 of Schedule 3).
(c) an insurance company licensed under the Insurance Act 1996 or a takaful operator registered under the Takaful Act 1984 whose carrying on of the regulated activity of fund management is solely incidental and to the management and administration of its insurance or takaful business, as the case may be (Paragraph 21 of Schedule 3).
d) KAF Investment Bank Berhad and Islamic banks, in acting or offering to act as portfolio managers for customers or as investment or co-investment manager of country funds, trust funds, venture capital funds, unit trust funds, or other funds, including -
(i) the provision of investment advice; and
(ii) the acquisition or disposal through a holder of a CMSL who carries on dealing in securities.
