Key Amendments to Singapore’s Take-over Code: What Boards and Transaction Parties Need to Know

On 16 June 2026, the Monetary Authority of Singapore, on the advice of the Securities Industry Council, issued a revised Singapore Code on Take-overs and Mergers, with the amendments taking effect on 16 July 2026.

This article, written by Adrian Chan, Lun Chee Leong, Liane Lim, Chow Hanqi and Quek Ee Ing, provides a practical overview of the key amendments to the Code and their implications for listed companies, Boards, advisers, offerors and offeree companies. It examines changes relating to concert parties and associates, deal protection measures, schemes of arrangement, offeror statements, frustrating actions, competing asset sales, transaction fee disclosures, information sharing and shareholder communications.

A timely read for listed companies, Boards, senior management, financial advisers, transaction parties and in-house counsel navigating Singapore public M&A transactions under the revised Code.

Our article is accessible here: Key Amendments to the Singapore Code on Take-overs  and mergers taking effect on 16 July 2026.