It is proposed to extend the proposal to synchronise the reference dates for buyers and sellers completing a transaction within 4 days (see paragraph 9 above) to physically settled options. On the exercise of an…
Archived Post for "Hong Kong Law"
Second Consultation Paper on Exemption of Offshore Funds from Hong Kong Profits Tax
The Hong Kong Financial Services and Treasury Bureau have issued a second consultation paper on the proposed exemption of offshore funds from Hong Kong profits tax.
Hong Kong Stock Exchanges Code on Corporate Governance Practices and Corporate Governance Report
HKEX amends Listing Rules on corporate governance, introducing new Code and reporting requirements for issuers to strengthen transparency.
Amendments to the Listing Rules Relating to the Regulation of Sponsors and Independent Financial Advisers
The Stock Exchange of Hong Kong Ltd. (the “Exchange”) and the SFC have issued amendments to the Main Board and GEM Listing Rules including a new practice note on sponsor’s due diligence as the first of 2 stages of…
New Companies Ordinance Prospectus Regime
General Requirements : the materials must not contain any substantive information not contained in the prospectus nor anything that is inconsistent with the information in the prospectus;the contents must not be false…
Hong Kong Legal Update
The Companies (Amendment) Ordinance 2004 (the ‘Amendment Ordinance’) was enacted on July 23, 2004 and is expected to come into effect towards the end of this year after the publication of a commencement notice in…
Summary of Changes to the GEM Listing Rules
The Rules have been amended to require the prior approval of shareholders (other than the relevant director and his associates) for a service contract that is to be granted to a director of the listed issuer or any…
Proposed Amendments to the Listing Rules Relating to the Regulation of Sponsors and Independent Financial Advisers
HKEX publishes draft amendments to Main Board and GEM Listing Rules on regulation of sponsors and independent financial advisers on 4 May 2004.
Amendments to The Main Board Listing Rules
Voting by poll (rather than by show of hands) is required for: connected transactions; all resolutions requiring independent shareholders’ approval; granting of options to a substantial shareholder, an INED or any of…
The Companies Amendment Ordinance 2003
The Companies (Amendment) Ordinance 2003 (the CAO) is the first of a series of ordinances amending the Companies Ordinance (the CO) and will come into effect on February 13, 2004. The CAO implements certain corporate…
