02 Jun 2017
This briefing analyses the key implications of the Securities and Futures Commission’s recent guidance on valuations in corporate transactions from the perspective of listed companies and their directors.
The Securities and Futures Commission recently issued: (i) a guidance note on directors’ duties; (ii) a circular to financial advisers; and (iii) a statement on the liability of valuers, in the context of valuations in listed companies’ corporate transactions.
In this briefing, we highlight the key implications of the guidance from the perspective of Hong Kong listed companies and their directors.
The SFC’s Guidance on Valuations in Corporate Transactions - What Listed Companies and Their Directors Should Know
This material is provided for general information only. It does not constitute legal or other professional advice.
Are you sure want to delete comment ?
Scan this QR Code to share this content