On 24 May, CHI CBIRC, CHI CB issued notice on bank takeover. Decided to take over management of Baoshang Bank for one year, due to serious credit risk, in order to protect the rights and interests of the bank customers. Takeover A takeover team was set up by relevant parties to take over the management.…
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Approaching 100 Jurisdictions
On 29 May 2019, Solutions Atlantic added Curacao to its RRS Rules Library which now stands at 98 jurisdictions; making it one of the most comprehensive libraries for global shareholding disclosure regulation.
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E.U. – ESMA Advice on Short-Selling
On 24 May 2019, EU ESMA updated list of market makers / authorized primary dealers who are using exemption included under the regulation on short selling.
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Turkey – Borsa Istanbul Short Selling Ban
On 27 May 2019, the Turkish Borsa Istanbul issued a temporary short selling ban in shares of ADESE ALIŞVERİŞ MERKEZLERİ TİCARET A.Ş. until 26 August 2019.
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Oman – CMA Acquisition, Takeovers
On 23 May 2019, OMN CMA issued takeover and acquisition regulation. Issued administrative decision issuing the Takeover and Acquisition Regulation for public joint stock companies listed on the Muscat Securities Market (MSM). Published in Official Gazette on May 19 pursuant to Art. 7 of Capital Market Law. Key Points Regulation aims to regulate takeover and…
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Hong Kong – SFC Takeovers Table Updated
From 22 May 2019, a new offer period has commenced for Sheng Yuan Holdings Limited (Stock Code: 851).
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