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FAQ 10.8

General requirements

 

​10.8

Similarly, if the listed subsidiary aforesaid enters into a transaction that requires, amongst others, shareholder approval to be obtained, pursuant to Chapter 10 of the ACE LR, will the listed corporation also be required to obtain the shareholder approval under the ACE LR?

No, only the listed subsidiary is required to obtain shareholder approval pursuant to Chapter 10 of the ACE LR.