Offer period for the purpose of Module TMA shall mean the period starting from the date when an announcement is made of a proposed or possible offer, with or without terms, until whichever is the latest of:
(a) The date when the offer closes for acceptance;
(b) The date when the offer lapses;
(c) The time when an offeror announces that the possible offer will not proceed;
(d) The date when an announcement is made of the withdrawal of a proposed offer;
(e) Where the offer contains a possibility to elect for alternative forms of consideration, the latest date for making such election; or
(f) Where there are two or more offers or possible offers outstanding, the closure of an offer period in respect of one offer or possible offer does not affect the termination of any other offer or possible offer.
Added: July 2011