On 5 May 2025, the Securities Industry Council of Singapore released a consultation proposing changes to the Takeover Code. additional disclosure requirements apply to dealings by certain persons, including 'associates' (as defined in the Singapore Code on Takeovers and Mergers) the term associates normally includes a holder of 5% or more of the equity share…
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Norway – OSLO Information for Shareholding
On 1 April 2025, NOR OSLO issued example and key legal information. NOR OSLO issued example, key legal information for shareholding in Norwegian public limited companies listed on Euronext Oslo Børs or Euronext Expand Oslo. Overview It is a summary of certain Norwegian legal issues related to shareholding in Norwegian companies listed on Euronext Oslo…
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Hong Kong – SFC Updates Takeover Table
On 29 April 2025, the SFC updated the Takeover Table new offer period has commenced for Jinke Smart Services Group Co., Ltd (stock code: 9666) from 28 April 2025.
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Hong Kong – SFC Updates Takeover Table
On 23 April 2025, the SFC updated the Takeover Table offer period has commenced for UBA Investments Limited (stock code: 0768) from 23 April 2025.
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E.U. – ESMA Updates FAQS Re: Takeover Directive
On 7 April 2025, ESMA issued FAQs on exemptions for fungible securities. ESMA issued FAQs on new exemptions for fungible securities in Prospectus Regulation. Exchange Offers Q: ESMA_QA_2521 Does the exemption in Article 1(5)(ba) of Prospectus Regulation concern all exchange offers or only exchange offers falling within the scope of the Takeover Directive. Statement of…
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Hong Kong – SFC Updates Takeover Table
On 2 April 2025, the SFC updated the Takeover Table offer period has commenced for Dragon Mining Limited (stock code: 1712) from 1 April 2025; and offer period for CLSA Premium Limited (Stock Code: 6877) closed on 1 April 2025; and offer period for Howkingtech International Holding Limited (Stock Code: 2440) closed on 28 March…
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