Hong Kong – SFC Issues Takeovers Bulletin
On 28 March 2019, the SFC published Takeovers Bulletin Issue No. 48.
Hong Kong – SFC Takeovers Table Updated
On 14 March 2019, the offer period for Global Brands Group Holding Limited (Stock Code: 787) was closed.
Hong Kong – SFC Reports Substantial Shareholding
On 13 March 2019, the SFC announced a high concentration in shares of KNT Holdings Limited (stock code 01025).
Hong Kong – SFC Reports Substantial Shareholding
On 8 March 2019, the SFC announced a high concentration in shares of GrandInvestment International Limited (Stock Code: 01160).
UK – Treasury Brexit Takeover Change
On 6 March 2019, UK TO Panel issued response statement, individual responses. Respondents generally supportive, intend to adopt the amendments proposed. In addition, makes a minor amendment to section 3(b) of Code’s introduction. So clear that General Principles apply to all transactions to which code applies. Committee has not yet made an instrument for amendments […]
Sweden – FI Fine Fund for Substantial Shareholding Reporting
On 1 March 2019, SFI fined company for late shareholding disclosure. Montanaro Asset Management will pay a penalty fee of SEK 150k for late reporting that a holding of shares in RaySearch Laboratories AB had fallen below a flag limit.