SGX Rulebooks
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Past version: Effective up to 28 Sep 2011

Where the transaction will result in a fundamental change in the issuer's business, or where any of the relative figures as computed on the bases set out in Rule 1006 exceeds:

(1) for an acquisition, 75% but is less than 100%; or
(2) for a disposal, 50%,

the transaction is classified as a major transaction. The issuer must, after terms have been agreed, immediately announce the information required in Rule 1010.