The SFC’s Guidance on Valuations in Corporate Transactions: What Listed Companies and Their Directors Should Know
1 min read
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.
