Thursday, December 23, 2010
SSE: M & A share reform companies a "green channel".
<P> SSE shares of the Company established the focus of regulatory reform urged </ P> <P> stock company mergers and acquisitions have changed the green channel </ P> <P> any merger or reorganization has been submitted to China Securities Regulatory Commission review of the company, such as the Shanghai Securities .Exchange of share reform plan submitted, the Listing Division of the SFC would be mergers and acquisitions included in the audit of green channel. .</ P> <P> changed to the Shanghai Stock Exchange has issued shares of No. VII of the share reform of listed companies a memorandum of understanding that there is a listed company merger and reorganization matters submitted to the share reform program of the SSE, the SSE will turn the company list .to the Listing Division of the SFC. .SSE Listing Division will provide a list of companies included in the trial audit the green channel. .</ P> <P> The memorandum also indicated that the asset restructuring of listed companies as part of the share reform program, if a significant asset restructuring, the board of directors of listed companies to adopt resolutions related to the restructuring plan within 2 working days after the announcement of major .Report on the reorganization of assets, and to this major reorganization of the share reform program as part of a Special Notice. .Meanwhile, the listed company shall submit the relevant provisions of China Securities Regulatory Commission to declare a major reorganization of material. .</ P> <P> China Securities Regulatory Commission on the restructuring plan no objection, the Board can consider the restructuring plan to publish notice of general meeting of shareholders at the same time, consider the share reform program of publishing the relevant shareholder meeting notice and disclosure of significant asset restructuring and the full report .share reform manual. .Consideration of a major reorganization of the general meeting to consider the share reform program with the relevant shareholders meeting can not be merged into a meeting. .The former should be arranged in consideration of share reform program held prior to the relevant shareholders meeting. .If shareholders reject the company's major asset restructuring program, the relevant shareholders meeting will accordingly canceled. .In addition, the company shall, if the shareholders meeting to consider a major reorganization of assets through the program, and the relevant shareholders meeting rejected the case of the share reform program, whether to continue the implementation of major asset restructuring program to make appropriate arrangements. .</ P> <P> do not pay their own applications on the price can not flow </ P> <P> share reform to make further positive, secure and orderly manner to the process of share reform of listed companies in all kinds of situations arise, the Shanghai Stock Exchange share reform .VIII Office recently released the split share structure reform of listed companies in a memorandum of understanding was summarized, and related operational procedures to be clearly defined. .</ P> <P>.
Labels:
[:]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment