Valtech Valuation HKEX-GL116-23 Disclosure of the Basis of Consideration and Business Valuations Compliance Tips
In October 2023, the Stock Exchange of Hong Kong Limited (HKEX) has published a guidance letter "Disclosure of the basis of consideration and business valuations in notifiable transactions", which emphasises the fairness and reasonableness of the terms of the transaction. Valtech Valuation provides a summary of recommendations for compliance with HKEx-GL116-23, which aims to help companies complete compliant disclosures.