On 4 October 2024, SK FSS warned against takeover of listed companies. SK FSS held an internal meeting to discuss issues re takeover of listed companies. Overview of Meeting SK FSS Governor stressed the need to monitor excessive competition in the process of takeover of listed companies, which may cause market instability and distrust. Required…

On 30 September, the SFC issued its September Takeover Bulletin. Highlights: Time to register in the Electronic Submission System (ESS) Quarterly activity on Takeovers

Bloomberg reports that Sydney-based funds manager Platinum Asset Management has refused a takeover proposal from hedge fund Regal Partners Ltd. bid undervalued company at $359m offering from Regal Platinum's board unanimously concluded that the proposed deal was “not in the best interest of Platinum shareholders,” at least “in its current form.” Platinum has struggled with outflows…

On 25 September, the SFC updated its Takeover table to reflect the closure of offer period for Hang Pin Living Technology Company Limited (stock code: 1682). Effective Date: Takeover offer period closed on 24 September 2024.

On 13 September 2024, JPN FSA proposed revisions re proprietary trading system. JPN FSA proposed revisions to cabinet orders and cabinet office ordinances with regard to the Financial instruments and exchange act (FIEA) enacted on 22 May 2024. Follows JPN FSA December 2022 issued 2nd interim report of market system working group. Also follows JPN…

On 13 September 2024, the SFC updated its takeover table to close the offer period for Ling Yui Holdings Limited (Stock Code: 0784). Effective Date: Takeover offer period closed on 12 September 2024.