Regulatory Alerts2021-12-28
Rules on Take-Overs, Mergers and Compulsory Acquisitions
The Securities Commission Malaysia issued these Rules to regulate take-overs, mergers, and compulsory acquisitions under the Capital Markets and Services Act 2007. The document establishes mandatory offer obligations for acquirers reaching specific shareholding thresholds and defines the conduct, timing, and procedural requirements for all offer participants. It further mandates the appointment of independent advisers to protect offeree shareholders and outlines the procedures for compulsory acquisition and minority shareholder rights.
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