Due Diligence for M&A transactions

Due Diligence

๐—œ๐—ป๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜„๐—ต๐—ถ๐—ฐ๐—ต ๐—ฏ๐˜‚๐˜†๐—ฒ๐—ฟ ๐—ฐ๐—ฎ๐—ป ๐—ด๐—ฒ๐˜ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€โ€™ ๐—ฎ๐—ป๐—ฑ ๐˜€๐—ต๐—ฎ๐—ฟ๐—ฒ๐—ต๐—ผ๐—น๐—ฑ๐—ฒ๐—ฟ๐˜€โ€™ ๐—บ๐—ถ๐—ป๐˜‚๐˜๐—ฒ๐˜€/๐—ฟ๐—ฒ๐˜€๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ผ๐—ณ ๐˜๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜†

โ€ข Whether shares have been properly issued with shareholdersโ€™ approval?

โ€ข Has the target company circulated annual financial statements to shareholders?

โ€ข Have the directors approved any unusual dividends?

โ€ข Where a director is interested in a contract or proposed contract with the target company, has the director declared his interest? (s221, Companies Act 2016)

โ€ข For acquisition or disposal by the target company of an undertaking or property of substantial value, whether shareholdersโ€™ approval has been obtained? (s223, Companies Act 2016)

โ€ข For transactions entered by the target company with its directors, substantial shareholders or any person connected with them, whether shareholdersโ€™ approval has been obtained? (s228, Companies Act 2016)

โ€ข Have material contracts been approved by the board of directors?

#malaysiancorporatelawyer
#mergersandacquisitions
#duediligence

This post was first posted on Linkedin on 4 December 2022.

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