Consultation Paper on (1) the proposal to amend the requirements for property valuation in the Codes on Takeovers and Mergers and Share Repurchases, (2) the proposed amendment relating to confirmations of independence in placing and top-up transactions and (3) the timing for payment of acceptances

Click here to download the consultation paper

The Securities and Futures Commission (the "SFC") invites market participants and interested parties to submit written comments on the Consultation Paper on (1) the proposal to amend the requirements for property valuation in the Codes on Takeovers and Mergers and Share Repurchases, (2) the proposed amendment relating to confirmations of independence in placing and top-up transactions and (3) the timing for payment of acceptances (available as Acrobat PDF file) on or before 26 September 2011. Any persons wishing to submit comments should, where applicable, provide details of any organizations the views of which they represent. In addition, persons suggesting alternative approaches are encouraged to submit proposed text of possible amendments that would be necessary to incorporate their suggestions.

Please note that the names of the respondents and the contents of their submissions may be published on the SFC web site and in other documents to be published by the SFC. In this connection, please read the Personal Information Collection Statement. If you wish to remain anonymous as a respondent, please so indicate when submitting your input.


The deadline for submitting your input is on or before 26 Sep 2011.  


Page last updated : 1 Aug 2012