The brand new modified Hong-kong List Statutes and you can relevant advice applying this new extended paperless record routine may come to your affect . Hong kong Stock-exchange (HKEX) blogged its basic frequently asked questions (FAQs) about them toward , that has been updated into thirteen December. Which LawFlash facts standard info and reminders to possess detailed issuers on compulsory electronic dissemination regarding corporate interaction in this new paperless list regimen.
Which are the Secret Changes?
- Listed issuers have to disseminate corporate interaction on the securities people electronically if this sounds like let of the their appropriate legislation and you may the constitutional files.
- Current agree system could be got rid of and noted issuers (into the the total amount allowed from the legislation relevant so you can all of them, age.grams., relevant to issuers provided regarding Cayman Countries, Bermuda, PRC, or Singapore) is rely on designed concur getting electronic dissemination off corporate communication without the need to seek consent away from per proprietor actually and you may post independent announcements in order to proprietors anytime an alternative business communications (aside from Actionable Corporate Correspondence) is actually published. Read more