The SFC has warned company directors and financial advisers to value assets properly in all transactions in order to protect shareholders’ interstes. Failing to do so may see the SFC taking actions that range from a fine to litigation. Photo: AFP

SFC warns on proper valuation of assets in M&As

Company directors and financial advisers who failed to value assets properly and protect shareholders’ interests could be punished

Topic |   Mergers & Acquisitions

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The SFC has warned company directors and financial advisers to value assets properly in all transactions in order to protect shareholders’ interstes. Failing to do so may see the SFC taking actions that range from a fine to litigation. Photo: AFP
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