The Securities and Futures Commission released a consultation paper on proposed amendments to the Codes on Takeovers and Mergers and Share Buy-backs ("Takeovers Code") on 19 May 2023. After receiving general support for the proposed amendments, the consultation conclusions released on 21 September 2023 revealed that all proposals were adopted with a few minor modifications.
This client briefing summarises the key amendments to the Takeovers Code, which became effective on 29 September 2023.
Click here to read more.
