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  • TKO 9.2 TKO 9.2 Standards of care

    • TKO 9.2.1 TKO 9.2.1

      When a profit forecast is to be given by a Bidder or Target to shareholders, the Directors of the respective Bidder or Target:

      (a) are responsible for the compilation of the profit forecast; and
      (b) in so doing, must compile the forecast with the highest standards of objectivity, care and accuracy.

      Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]

      • TKO 9.2.1 Guidance

        The hazards attached to the forecasting of profits must in no way detract from the necessity of maintaining the highest standards of accuracy and fair presentation in all communications to shareholders in a Bid.


        Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]