On 10 April 2019, the Securities and Futures Commission (SFC) publicly criticized Kwok Tse Wah for breaching the dealing restrictions and dealing disclosure obligations under the Takeovers Code.
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Hong Kong – SFC Takeovers Table Updated
From 9 April 2019, a new offer period has commenced for Sage International Group Limited (Stock Code: 8082).
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U.K. – Takeover Panel Brexit Takeover Change
On 4 April 2019, UK TO Panel, committee issued amendments to takeover code. Take effect on exit day as per European Union (withdrawal) act 2018 section 20.
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Hong Kong – SFC Reports Substantial Shareholding Disclosure
On 2 April 2019, the SFC reported a Substantial Shareholding in Xinchengyue Holdings Limited (Stock Code: 1755).
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