Rules on takeover

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#11
(06-06-2014, 01:25 PM)specuvestor Wrote: CityFarmer is right. Conditional is based on the condition stipulated by the offeror. Can be 50%, 50%+1 share or like CMA 90%

Partial GO is also a kind of Conditional offer like Wingtai.

Mandatory means by the rules of SGX or Companies Act. Offeror cannot stipulate conditions.

and Securities and Futures Act (SFA).
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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