T13 Q4.docx



That the shareholders and directors of an offeree & the market for the shares that are the subject of the takeover for: i) Are aware of the identity of the acquirer and offeror ii) Have reasonable time in which to consider a takeover offer iii) Are supplied with enough information necessary to enable them to assess the merits of any takeover offer



For as practicable, all shareholders of an offeree have equal opportunities to participate in benefits accruing from the takeover offer, including in the premium payable for control.



That fair & equal treatment of all shareholders minority shareholders, in relation to the takeover offer, merger or compulsory acquisition would be achieved.



In its response to, or making recommendations with respect to any takeover offer, merger, or compulsory acquisition, the directors of the offeree and acquirer shall act in good faith to objects and the manner in which they observe the objects, and that minority shareholders are not subject to oppression or disadvantaged by the treatment and conduct of the directors of the offeree or the acquirer.