706A
(1) An issuer must make a periodic announcement, in accordance with the timelines prescribed in Rule 705 on the announcement of its financial statements, on:
(a) any acquisition of:
(i) shares resulting in a company becoming a subsidiary or an associated company of the issuer; and
(ii) shares resulting in the issuer increasing its shareholding percentage in a subsidiary or an associated company; and
(b) any sale of:
(i) shares resulting in a company ceasing to be a subsidiary or an associated company of the issuer; and
(ii) shares resulting in the issuer reducing its shareholding percentage in a subsidiary or an associated company,
for the relevant financial period reported on under Rule 705.
(2) In the announcement required by Rule 706A, the issuer must, in respect of each acquisition or sale of shares, also include:
(a) the aggregate value of the consideration, stating the factors taken into account in arriving at it and how it will be satisfied, including the terms of payment; and
(b) in the case of unlisted shares, the net asset value represented by such shares and in the case of listed shares, the market value represented by such shares.
Added on 7 February 20207 February 2020.