SFC Takeovers Bulletin No. 37 on Takeovers Code Breaches and Regulatory Reminders
SFC Takeovers Bulletin No. 37 on Takeovers Code Breaches and Regulatory Reminders
The Securities and Futures Commission published Takeovers Bulletin No. 37 in June 2016. The bulletin covers recent disciplinary actions for breaches of the following Takeovers Code provisions: the special deal requirements under Rule 25, the prohibition on offers above the offer price within 6 months of the close of an offer under Rule 31 and the disclosure obligations under Rule 22. Read more