TMA-2.3.4


Past version: Effective from 01 Jan 2009 to 30 Sep 2019
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When an announcement is required under this TMA-2.3 the listed company(ies) being the offeror or the offeree company, as the case may be, should notify the CBB and the Licensed Exchange immediately that an announcement is imminent and if there is any possibility that an uninformed market for shares of the offeror or the offeree company could develop prior to publication of the announcement, serious consideration should be given to requesting a suspension of trading in such shares pending publication of the announcement. A potential offeror must not attempt to prevent the board of the offeree company from making an announcement or requesting the licensed Exchange to grant a temporary suspension of trading at any time the board thinks appropriate. The CBB or the Licensed Exchange may, at their discretion and irrespective of whether or not there is a request, suspend trading temporarily on the shares of a listed company being an offeree or offeror.