China Securities Regulatory Commission, Issues Relevant to Increases in the Holding of Public Shares by the Controlling Shareholders of Listed Companies after the Reform Regarding the Separation of Equity Ownership and Trading Rights Circular
中国証券监督管理委员会关于上市公司控股股东在股权分置改革后增持社会公众股份有关问题的通知
July 02, 2005 | BY
clpstaff &clp articlesIssued: June 16 2005Main contents: The Circular specifies the circumstances under which the controlling shareholder of a listed company may be released…
Clp Reference: 3710/05.06.16 Promulgated: 2005-06-16
Issued: June 16 2005
Main contents: The Circular specifies the circumstances under which the controlling shareholder of a listed company may be released from the obligation of making a takeover offer if it is to increase its public shareholding after the reform regarding the separation of equity ownership and trading rights.
Related legislation: PRC Company Law (Amended), Oct 27 2005, CLP 2005 No.10 p.21 and PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p.31
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