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Disclosure lapse in dealing of rights shares needs to be addressed
Published Thu, Oct 8, 2015 · 09:50 PM
UNDER current stockmarket disclosure rules, sales and purchases of shares in companies by their substantial shareholders (those who own at least 5 per cent) have to be quickly announced so that the market is kept up-to-date as soon as possible with changes in ownership and, possibly, control.
No one would dispute that such changes are c…
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