Archived Post for "Hong Kong Law"

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.

HKEX amends Listing Rules on corporate governance, introducing new Code and reporting requirements for issuers to strengthen transparency.

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…

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…

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…

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…

HKEX publishes draft amendments to Main Board and GEM Listing Rules on regulation of sponsors and independent financial advisers on 4 May 2004.

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 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…

The first phase of a 3 phase exercise to overhaul the regulatory regime for offers of shares and debentures has been completed. Phase 1 comprised the following initiatives: SFC Guidelines permitting the issue in…