Provisions on Several Issues Concerning the Regulation of Material Asset Reorganizations by Listed Companies

关于规范上市公司重大资产重组若干问题的规定

The Provisions detail the approval procedure of the board of directors of a listed company on material asset reorganization and related information disclosure obligations.

(Issued by the China Securities Regulatory Commission on April 16 2008.)

(中国证券监督管理委员会于二零零八年四月十六日公告。)

Announcement of the CSRC [2008] No.14

Article 1: If a listed company intends to carry out a material asset reorganization, all of its directors shall strictly perform their obligation of good faith and duly carry out the work involved in maintaining the confidentiality of information and in suspending and resuming the trading of the company's shares.

证监会公告 [2008] 14号

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]