Hong Kong – SFC Makes Appointments to Takeovers Committees

On 22 October 2018, the SFC  announced two new appointments to the Takeovers-related committees. Mr Tim Lui Tim-leung, Chairman of the SFC, has been appointed as a member of the Nominations Committee.  Mr Edward Cheng Wai-sun, a Non-Executive Director of the SFC, has been appointed as a member of the Takeovers and Mergers Panel and […]

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Hong Kong – SFC Takeovers Table Updated

On 11 October 2018, the Securities and Futures Commission updated the Takeovers Table to reflect the offer period for Dining Concepts Holdings Limited (Stock Code: 08056) has commenced.

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Belgium – FSMA Takeover Rules Updated

On 5 October 2018, BFSMA issued amendments updating takeover rules. The royal decree issued in Belgian official gazette with amendments. To update the takeover decree and the squeeze-out decree, from 27 April 2007. Mandatory Bid Levels Threshold for mandatory bid for listed company, is increased from 30% to 50%. If voting securities admitted to trading […]

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