The future of mandatory takeover offer: a case study on Malaysia
Takeover and acquisition have been part of the business world for centuries. Due to rapidly growing economic and environment challenges, companies have to face making decisions concerning these engagements. It requires careful and wise decision-making since the job of a company's management i...
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iium-792592020-02-28T03:01:34Z http://irep.iium.edu.my/79259/ The future of mandatory takeover offer: a case study on Malaysia Ambaras Khan, Mushera Bibi Alias, Suzana Norlihan Muhtah, Hnadi K Law (General) K5000 Criminal Law Takeover and acquisition have been part of the business world for centuries. Due to rapidly growing economic and environment challenges, companies have to face making decisions concerning these engagements. It requires careful and wise decision-making since the job of a company's management is to get the most out of its shareholder value. The Malaysia law imposes a requirement on the bidder who obtains control over the target company to make a mandatory offer simply to protect the shareholders of the latter by giving them the opportunity ti participate in benefits accruing from mandatory take over and be treated equally in relation to it. The mandatory offer, deeply rooted in the UK law, finds its way into Malaysia through law transplantation. A combination of library and empirical research carried out by the author is employed as the methodology in this chapter. The authors argue that the implications for the implementations of a mandatory offer in particular in Malaysia and other ASEAN Commonwealth countries do not bring the same result as expected in UK due to the concentrated shareholding structure nature in ASEAN companies as opposed to the dispersed shareholding structure in UK companies. This chapter highlighted the pros and cons of a mandatory offer and its future in takeover laws. Springer Nature Singapore Pte. Ltd. 2017 Article PeerReviewed application/pdf en http://irep.iium.edu.my/79259/1/810006-The%20Future%20of%20Mandatory%20Take%20Over%20Offer.pdf Ambaras Khan, Mushera Bibi and Alias, Suzana Norlihan and Muhtah, Hnadi (2017) The future of mandatory takeover offer: a case study on Malaysia. Proceedings of the Second International Conference on the Future of ASEAN (ICoFA)) 2017 - Volume 1, 1. pp. 485-493. ISSN 978-981-10-8729-5 E-ISSN 978-981-10-8730-1 https://doi.org/10.1007/978-981-10-8730-1 |
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International Islamic University Malaysia |
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Online Access |
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English |
topic |
K Law (General) K5000 Criminal Law |
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K Law (General) K5000 Criminal Law Ambaras Khan, Mushera Bibi Alias, Suzana Norlihan Muhtah, Hnadi The future of mandatory takeover offer: a case study on Malaysia |
description |
Takeover and acquisition have been part of the business world for centuries. Due to rapidly growing economic and environment challenges, companies have to face making decisions concerning these engagements. It requires careful and wise decision-making since the job of a company's management is to get the most out of its shareholder value. The Malaysia law imposes a requirement on the bidder who obtains control over the target company to make a mandatory offer simply to protect the shareholders of the latter by giving them the opportunity ti participate in benefits accruing from mandatory take over and be treated equally in relation to it. The mandatory offer, deeply rooted in the UK law, finds its way into Malaysia through law transplantation. A combination of library and empirical research carried out by the author is employed as the methodology in this chapter. The authors argue that the implications for the implementations of a mandatory offer in particular in Malaysia and other ASEAN Commonwealth countries do not bring the same result as expected in UK due to the concentrated shareholding structure nature in ASEAN companies as opposed to the dispersed shareholding structure in UK companies. This chapter highlighted the pros and cons of a mandatory offer and its future in takeover laws. |
format |
Article |
author |
Ambaras Khan, Mushera Bibi Alias, Suzana Norlihan Muhtah, Hnadi |
author_facet |
Ambaras Khan, Mushera Bibi Alias, Suzana Norlihan Muhtah, Hnadi |
author_sort |
Ambaras Khan, Mushera Bibi |
title |
The future of mandatory takeover offer: a case study on Malaysia |
title_short |
The future of mandatory takeover offer: a case study on Malaysia |
title_full |
The future of mandatory takeover offer: a case study on Malaysia |
title_fullStr |
The future of mandatory takeover offer: a case study on Malaysia |
title_full_unstemmed |
The future of mandatory takeover offer: a case study on Malaysia |
title_sort |
future of mandatory takeover offer: a case study on malaysia |
publisher |
Springer Nature Singapore Pte. Ltd. |
publishDate |
2017 |
url |
http://irep.iium.edu.my/79259/ http://irep.iium.edu.my/79259/ http://irep.iium.edu.my/79259/1/810006-The%20Future%20of%20Mandatory%20Take%20Over%20Offer.pdf |
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2023-09-18T21:51:23Z |
last_indexed |
2023-09-18T21:51:23Z |
_version_ |
1777413792277200896 |