The SFC notes that the Code’s existing timing requirements create confusion as to which day should count as Day 1. For example, Rule 8.2 uses “within 21 days of the date of the announcement”, while Rule 20.1 uses “within 7 business daysfollowingthe later of…”. The SFC p...
We aim to provide smart and practical advice when encountering the many issues that typically arise in the course of a public M&A transaction, including stake building, statutory disclosure of interests and mandatory offer thresholds under the Takeovers Code, preparing for the bid and preliminary comm...
aPlease enter a code(s) as shown below (○blue circled) selecting from the code list at the bottom of the page.If using an instrument not shown in the list, give it a new code and specify it (Code:Instrument Name) in ○the green circled area at the bottom. 在(盘旋的○blue)挑选请...
aSave as aforesaid, our Directors are not aware of any consequences which would arise under the Hong Kong Takeovers Code as a consequence of any repurchases pursuant to the Repurchase Mandate. 保存和上述,我们的主任不知道将出现在香港接管代码之下作为所有再买结果寻求再买命令的任何后果。 [translate] ...
The Consultation Paper proposes to add Notes 4 and 5 to Rule 12 to codify the existing practice[2]of requiring the issuer of a Code document to provide the Executive with the directors’ confirmation of the accuracy of the translation and the veracity of the Chinese version to its English ve...
Research on the Wealth Effect of Share Repurchase in Chinese Listed Corporations; 我国上市公司股份回购财富效应分析 更多例句>> 补充资料:特别并购上市 特别并购上市的定义 特别并购上市(SPAC 即:Special Purpose Acquisition Corporation)早些年开始在美国流行,该模式集中了直接上市、合并、反向收购、私募等金融产品...