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TKO 3.2.1

If, after the commencement of the Bid Period and before the Bid closes for acceptance, a Bidder or any Person acting in concert with it acquires relevant Shares in the Target at above the Bid price (being the then current Bid price), the Bidder must revise its Bid to not less than the highest price paid for the Shares so acquired.


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