| Journal Call no. | HG6024.H6S42 |
|---|---|
| Article Title | Application of the chain principle in relation to National Mutual Asia Limited. |
| Is Part Of | SFC bulletin ; no.12, Mar/Apr 1995, p.17. |
| Abstract | On 4 April 1995, the Takeovers and Mergers Panel considered the potential application of the chain principle under Rule 26.1 of the Hong Kong Code on Takeovers and Mergers (the "Code") to National Mutual Asia Limited in the event that AXA S.A. were to secure statutory control of The National Mutual Life Association of Australasia Limited, the holder of 69% of National Mutual Asia Limited's sharre capital. |