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Any delay in addressing the labour shortage in various sectors will mean companies losing million of ringgit and negative impact on economic recovery in Sabah
SFC issued a bulletin regarding issues relating to the Codes on Takeovers, Mergers and Share Buybacks (the Takeovers Code), which includes the following highlights: Identifying All Relevant Regulatory Approvals for Completion of Offers SFC reminded offerors, offeree companies and their respective advisers that sufficient and thorough due diligence should be conducted at the outset of a transaction so that all regulatory approvals required for the completion of offers are identified early and disclosed appropriately in line with Rule 3.5(e) of the Takeovers Code. Failure to do so can cause nu...