What is a Regulated Company?
A regulated company is a public or state-owned company, or a private company that has transferred >10% of its issued shares <2 years before an affected transaction.
A regulated company is a company that is governed by Part B, Part C and Takeover Regulations of the Companies Act.
Public companies and state-owned companies (unless exempt) are considered regulated companies.
Private companies that are subject to the same regulations as per their Memorandum of Incorporation (“MOI”), or have transferred more than 10% of its issued shares (unless between related persons) less than 2 years before engaging in an affected transaction.
A regulated company is a company that is governed by Part B, Part C and Takeover Regulations of the Companies Act.
Public companies and state-owned companies (unless exempt) are considered regulated companies.
Private companies that are subject to the same regulations as per their Memorandum of Incorporation (“MOI”), or have transferred more than 10% of its issued shares (unless between related persons) less than 2 years before engaging in an affected transaction.
Updated on: 24/08/2023
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