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Article NO. Content

Title:

Securities and Exchange Act  CH

Amended Date: 2024.08.07 
Article 43-2 A public tender offeror shall adopt uniform purchase conditions in the public tender offer, and may not make any of the following modifications to the purchase conditions:<br/>1. Lower the public tender offer price.<br/>2. Lower the proposed quantity of securities to be purchased through the public tender offer.<br/>3. Shorten the public tender offer period.<br/>4. Other particulars as prescribed by the Competent Authority.<br/>A public tender offeror that violates the requirement of uniform purchase conditions set forth in the preceding paragraph shall be liable for damages to the tenderer up to a limit of the difference between the highest price paid under the public tender offer and the price paid to the tenderer, multiplied by the number of shares subscribed.