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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Main Authors: Ambaras Khan, Mushera Bibi, Alias, Suzana Norlihan, Muhtah, Hnadi
Format: Book
Language:English
Published: Springer Nature Singapore Pte. Ltd. 2017
Subjects:
Online Access: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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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
building IIUM Repository
collection Online Access
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.
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spelling iium-792592020-07-13T03:42:35Z 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 Book 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. Springer Nature Singapore Pte. Ltd., Singapore, pp. 485-493. ISBN 978-981-10-8729-5 https://doi.org/10.1007/978-981-10-8730-1
spellingShingle 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
title 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_short The future of mandatory takeover offer: a case study on Malaysia
title_sort future of mandatory takeover offer: a case study on malaysia
topic K Law (General)
K5000 Criminal Law
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