06-06-2014, 01:30 PM
(06-06-2014, 01:25 PM)specuvestor Wrote: [ -> ]CityFarmer is right. Conditional is based on the condition stipulated by the offeror. Can be 50%, 50%+1 share or like CMA 90%
Partial GO is also a kind of Conditional offer like Wingtai.
Mandatory means by the rules of SGX or Companies Act. Offeror cannot stipulate conditions.
and Securities and Futures Act (SFA).