Amendments to the Singapore Code on Take-overs and Mergers
In April 2007, on the advice of the Securities Industry Council (SIC),
MAS revised the Singapore Code on Take-overs and Mergers (Code)
to keep pace with market innovations and evolving international practices.
Several key amendments to the Code were made to provide greater
flexibility to the parties involved in take-over transactions and greater
clarity to the market. The SIC will continue to review take-over rules and
practices and ensure the regime is in line with international best practices.
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