CmaBoardReleases
Title: Resolution No. (161) of 2018 Regarding Amending Some Provisions of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their Amendments on Issuance of Provisions of Joint Acquisition Offer among Parties Acting in Concert
Having Perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its amendments; and
- Resolution No. (72) of 2015 Regarding the Issuance of the Executive Bylaws of Law No. (7) of 2010 on the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments; and
- CMA Board of Commissioners Resolution passed in its meeting No. (38) of 2018 held on 12/12/2018;
The Following Was Resolved
Article (1)
Module Nine (Mergers and Acquisitions) of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to the Annex (1) and (2) attached to this Resolution.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Prof. Ahmad A. Al-Melhem
Issued on: 25/12/2018
We use cookies to ensure you get the best experience on our website.