Examples of Takeovers Codes in a sentence
Accordingly, a Shareholder or a group of Shareholders acting in concert (within the meaning under the Takeovers Codes), depending on the level of increase in the Shareholders’ interest, could obtain or consolidate control of the Company and thereby become obliged to make a mandatory offer in accordance with Rule 26 of the Takeovers Codes.
If as a result of a buy-back of Shares pursuant to the Share Buy-back Mandate, a Shareholder’s proportionate interest in the voting rights of the Company increases, such increase will be treated as an acquisition of voting rights for the purposes of the Takeovers Codes.
Any changes to the members of the Board will be made in compliance with the Takeovers Codes and the Listing Rules and further announcement(s) will be made as and when appropriate.
The Directors consider the exercise of Share Buy-back Mandate in full will not give rise to an obligation to make a mandatory offer under Rule 26 of the Takeovers Codes or will reduce the issued shares of the Company held by the public to less than 25% (or the relevant prescribed minimum percentage required by the Stock Exchange).
Accordingly, Ms. Ma, Mr. Yang, Ms. Yeh and Mr. Chen are parties acting in concert (having the meaning ascribed to it under the Takeovers Codes); and each of Ms. Ma, Mr. Yang, Ms. Yeh and Mr. Chen is deemed to be interested in all the Shares in which each of them is interested under the SFO.
Any future changes to the members of the Board will be made in compliance with the Takeovers Codes and/or the Listing Rules and further announcement(s) will be made as and when appropriate.
Any changes to the members of the Board will be made in compliance with the Takeovers Codes and the GEM Listing Rules and further announcement(s) will be made as and when appropriate.
Save as aforesaid, the Directors are not aware of any consequence which would arise under the Takeovers Codes as a consequence of any repurchases pursuant to the Repurchase Mandate.
Goods and WorksPackage NumberGeneral DescriptionEstimated Value (in US$)Procurement MethodReviewBidding ProcedureCommentsNone Consulting ServicesPackage NumberGeneral DescriptionEstimated Value (in US$)Selection MethodReviewType of ProposalCommentsNone OUTLINE TERMS OF REFERENCE FOR CONSULTANTS A.
Pursuant to Rule 32 of the Takeovers Codes, if as a result of buy-back(s) of Shares by the Company, a Shareholder’s proportionate interest in the voting rights of the Company increases, such increase will be treated as an acquisition of voting rights for the purposes of the Takeovers Codes.