Hong Kong Takeovers Code Amendments effective 13 July 2018
Introduction
Amendments to Hong Kong’s Codes on Takeovers and Mergers and Share Buy-backs (Codes) took effect on 13 July 2018 with the publication by the Securities and Futures Commission (SFC) of its Consultation Conclusions on proposed amendments to the Codes on Takeovers and Mergers and Share Buy-backs (Consultation Conclusions). This follows a 3-month public consultation on proposals set out in a Consultation Paper released in January 2018. For more information on the Consultation Paper, please see Charltons’ February 2018 newsletter. The 26 responses received were, in general, supportive of the proposals.Read More…