PDSnet Glossary

Term

Categories

Introductory Technical Fundamental Economics Opinion Sectors International Regulatory Other Markets

Versions

Name	synonyms = 1, variations = 2, abbreviations = 3

Publish: (0 = no, 1 = yes)

Definition

<p style="text-align: justify;">In terms of the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">Companies Act</span>, the securities regulation panel is established to examine "affected transactions" where the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">control</span> of the business changes hands. Examples include <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">mergers</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">acquisitions</span> and <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">take overs</span> where there is potential for <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">insider trading</span> of the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">company</span>'s <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">shares</span>.</p>