A New Take: 5 main highlights of the revised Takeover and Mergers Code and Rules 2016

As alerted in the last issue of The Legal Link, the Securities Commission (SC) had in August 2016 launched the revised Malaysian Code on Takeover and Mergers 2016 (“revised Takeover Code”), together with the accompanying Rules on Takeovers, Mergers and Compulsory Acquisition 2016 (“new Takeover Rules”). The revised Takeover Code sets out 12 general principles applicable to takeovers in Malaysia whilst the new Takeover Rules set out in detail the procedures and requirements to be followed.

 

Below, we have picked out 5 main highlights of the revised takeover and mergers framework, to bring to your attention:  Continue reading “A New Take: 5 main highlights of the revised Takeover and Mergers Code and Rules 2016”