TKO 2.7.1

The Governing Body of a Bidder must:

(a) obtain competent independent advice on any Bid when the Bid being made is a reverse Takeover or when the Directors are faced with a conflict of interest; and
(b) make known the substance of such advice to its shareholders early enough to enable them to make a timely and informed decision on the merits of the Bid.

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