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14.53A

In the case of an extreme transaction, the listed issuer must:

(1) comply with the requirements for very substantial acquisitions set out in rules 14.48 to 14.53. The circular must contain the information required under rules 14.63 and 14.69; and
Note: See also rule 14.57A if the extreme transaction involves a series of transactions and/or arrangements.
(2) appoint a financial adviser to perform due diligence on the acquisition targets to put itself in a position to be able to make a declaration in the prescribed form set out in Appendix 29. The financial adviser must submit to the Exchange the declaration before the bulk-printing of the circular for the transaction.
Note: See also rules 13.87A to 13.87C for the requirements relating to financial advisers.