In the case of an extreme transaction, the listed issuer must:
| (1) |
comply with the requirements for very substantial acquisitions set out in rules 14.48 to 14.53. The circular must contain the information required under rules 14.63 and 14.69; and
| Note: |
See also rule 14.57A if the extreme transaction involves a series of transactions and/or arrangements. |
|
| (2) |
appoint a financial adviser to perform due diligence on the acquisition targets to put itself in a position to be able to make a declaration in the prescribed form set out in Appendix 29. The financial adviser must submit to the Exchange the declaration before the bulk-printing of the circular for the transaction.
| Note: |
See also rules 13.87A to 13.87C for the requirements relating to financial advisers. |
|
