Introduction

On 21 September 2023, the Securities and Futures Commission (the “SFC”) published the consultation conclusions (the “Consultation Conclusions”) addressing comments on the amendments to the Codes on Takeovers and Mergers and Share Buy-backs (the “Codes”) proposed in its consultation paper dated 19 May 2023 (the “Consultation Paper”).

During the consultation period which ended on 23 June 2023, the SFC received in total 12 responses from the public.  After considering the comments made by the respondents, the SFC has adopted all of the amendments proposed in the Consultation Paper, some with slight modifications.  For more details of the amendments to be made to the Codes, please refer to our news update on the Consultation Paper.  The said amendments have become effective on 29 September 2023.

The SFC has marked the several modifications to its original proposals in Appendix 2 of the Consultation Conclusions, of which the material changes from the Consultation Paper are summarised below:

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We are proud to announce that our Partner and Head of the Dispute Resolution department, Ms Heidi Chui, has won the “Dispute Resolution Lawyer of the Year” at the ALB Hong Kong Law Awards 2023. The award ceremony took place on 15 September 2023 at the JW Marriott, with legal professionals from Hong Kong and globally gathered to celebrate excellence in the legal industry. Our Partners, Ms. Heidi Chui, Mr. Rodney Teoh, and Mr. Gordon Tsang attended the event.

From the left: Our Partners Mr. Gordon Tsang, Ms. Heidi Chui, Mr. Rodney Teoh

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This summer, we welcomed two batches of talented students from local and overseas universities to our internship programme. In July and august, a total of 18 passionate students joined us for a two-week immersive experience at our firm.

July interns (left) and August interns (right)