Capital Markets Authority-Executive Bylaws - CMA

Navigation

  • Skip to Content
Unlicensed Entities
logo

  • CMA Portal
  • عـربـي
  • Ifsah Portal

Navigation

  • Home
    • Resolutions and Circulars
    • Announcements and Press Releases
    • CMA Law
    • Executive Bylaw
    • Forms
    • Reports and Complaints
    • Annual Reports
    • Strategic Reports
  • About CMA
    • Mission
    • Vision
    • Institutional Values
    • CMA Objectives
    • Code Of Ethics
    • CMA Board of Commissioners
    • Employment
    • Chairman Message
    • Organizational Structure
  • Awareness
    • Suggestions
    • Publications
    • National Project
    • Events
    • List Of Licensed Companies
    • External Audit Offices
    • List Of Registered Auditors
    • Local and Gulf Unlicensed Entities
    • Persons Restricted from Practicing Securities Activities or Registered Positions and Employment Positions
    • Workshops
    • Facilitating the opening of investment accounts Initiative
    • CMA Radio
    • FAQ
  • Media Center
    • List of Investment Funds
    • List Of Agreements
    • CMA Gallery
    • Media Appearances
    • Press Releases
    • Kuwait's Exchange Privatization Journey
  • International Organizations
  • Fintech
    • Introduction to Financial Technology
    • Securities-based Crowdfunding
    • Digital Financial Advisory
    • Initial Implementation Phase
    • List of Companies Registered in the Fintech Services Register
    • Digital Library
    • Contact the Fintech Unit
  • CMA Portal
  • Ifsah Portal

CmaAdvanceSearch



Navigation

  • Home
    • Resolutions and Circulars
    • Announcements and Press Releases
    • CMA Law
    • Executive Bylaw
    • Forms
    • Reports and Complaints
    • Annual Reports
    • Strategic Reports
  • About CMA
    • Mission
    • Vision
    • Institutional Values
    • CMA Objectives
    • Code Of Ethics
    • CMA Board of Commissioners
    • Employment
    • Chairman Message
    • Organizational Structure
  • Awareness
    • Suggestions
    • Publications
    • National Project
    • Events
    • List Of Licensed Companies
    • External Audit Offices
    • List Of Registered Auditors
    • Local and Gulf Unlicensed Entities
    • Persons Restricted from Practicing Securities Activities or Registered Positions and Employment Positions
    • Workshops
    • Facilitating the opening of investment accounts Initiative
    • CMA Radio
    • FAQ
  • Media Center
    • List of Investment Funds
    • List Of Agreements
    • CMA Gallery
    • Media Appearances
    • Press Releases
    • Kuwait's Exchange Privatization Journey
  • International Organizations
  • Fintech
    • Introduction to Financial Technology
    • Securities-based Crowdfunding
    • Digital Financial Advisory
    • Initial Implementation Phase
    • List of Companies Registered in the Fintech Services Register
    • Digital Library
    • Contact the Fintech Unit
عـربـي

Executive Bylaws - CMA

CmaBylaw

Executive Bylaws

A+| A-
Back
  • February 17
  • Prev
  • Next
3-4 Extending Shares Collection Period Of Module Nine: Mergers and Acquisitions
Section: Chapter Three: Acquisitions
  • Thursday, 09 February 2017

    An acquisition Offeror may submit to the Authority a request to extend the Collection Period of an Acquisition Offer; in accordance with the following conditions: 1. The acquisition Offeror may submit a request to extend the Collection Period before the acquisition Offer Document is published; with a justified request to be submitted to the Authority that shall include the modified timetable. 2. The acquisition Offeror may submit a request to extend the Collection Period to a maximum of five Business Days before the end of collecting the Offeree company’s shares, and the following procedures shall be adopted: a. The Offeror shall submit to the Authority a request setting out the reasons for its request to extend the Collection Period; provided that the modified timetable of the acquisition Offer Document be attached. b. The Authority shall notify the Offeror of its decision concerning the extension of the Collection Period for those wishing to participate in the Acquisition Offer. c. In the event that the Authority’s approves, the acquisition Offeror shall announce the extension of the Collection Period and publish the updated timetable by using the mechanism of announcement set out in Article (3-3-9) of this Module. d. In the event that the Authority’s rejects the extension request, the Offeror shall follow the original timetable

Share & Print


  • Share
  • Print

Related pages - By Law

Related Pages

  • Law

CmaSideNavigation

In this section

  • Home
  • About CMA
  • Awareness
  • Media Center
  • International Organizations
  • Fintech
CMA Automated Assistant

We use cookies to ensure you get the best experience on our website.

Footer - Links

  • Privacy Policy
  • Publishing Policy
  • Site Map
  • Contact Us

Footer - Copyrights

Footer - Useful Links

Useful Links

  • International Organization of Securities Commissions (IOSCO)
  • Boursa Kuwait
  • Central Bank of Kuwait
  • Kuwait Investment Authority
  • Kuwait Government Online
  • Kuwait Clearing Company

Footer - Contact Us

Contact Us

Email:pr-media@cma.gov.kw

Phone:1888898

Fax:+965 22903500

Postal Address:P.O.Box 3913, Safat 13040, Kuwait

Address:Kuwait City, Al-Shahuda Street, Al-Hamra Tower, 20th Floor

Footer - Social Media

Copyright © 2024 Capital market authority. All Rights Reserved