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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
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Takeover Rules Module (TKO) [VER7/02-16]
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  • TKO 4.5 Restrictions on exercise of control by a bidder

    • TKO 4.5.1

      No nominee of a BidderG or PersonsG acting in concert with it may be appointed to the Governing BodyG of the TargetG , nor may a BidderG and PersonsG acting in concert with it exercise the votes attaching to any SharesG held in the TargetG , until the Bid DocumentG has been posted.


      Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]