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 Issues Takeovers Bulletin
On 28 March 2019, the SFC published Takeovers Bulletin Issue No. 48.
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Hong Kong – SFC Takeovers Table Updated
On 14 March 2019, the offer period for Global Brands Group Holding Limited (Stock Code: 787) was closed.
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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 to the…
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