Companies Act (Cap. 386)
Companies Act (Cap. 386), article 347
347. In the event of an increase in the issued share capital made
to pay the shareholders of the companies being acquired in orde r to
give effect to an amalgamation, article 73(4), (5) and (6) shal l not
apply where an independent expert’s report on the draft terms o f
merger is drawn up.
Written report to
shareholders to be
drawn up by one or
more experts.
Amended by:
IX. 2008.33.
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