sca takeover practice note

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Disclaimer: This document is produced pending the availability of the Practice Notes for the Malaysian Code On Take-Overs and Mergers 1998 from Percetakan Nasional Berhad. While every attempt has been made to check the accuracy of this publication, the Securities Commission accepts no responsibility for any errors or omissions, if any. 1 SECURITIES COMMISSION MALAYSIAN CODE ON TAKE-OVERS AND MERGERS PRACTICE NOTES PART I GENERAL INTERPRETATION AND APPLICATION Practice Note 1.1 Administration of the Code Practice Note 1.2 Application of the Code to private companies Practice Note 1.3 Advisors in any take-over offer and submissions to the Commission Practice Note 1.4 General guidelines for application for exemptions from mandatory offers PART II MANDATORY OFFERS Practice Note 2.1 Application of section 12 of the Code to mandatory offers Practice Note 2.2 Acquisition of a company through an upstream entity Practice Note 2.3 Acquisition of voting shares by members of group acting in concert Practice Note 2.4 Vendor of part only of a holding of voting shares Practice Note 2.5 Application of the netting -off rule to mandatory offers Practice Note 2.6 Dilution of holding of voting shares and mandatory offers

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8/7/2019 SCA Takeover Practice Note

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