On 2 August 2024, the SFC publicly disclosed a substantial shareholding change in Migao Group Holdings Limited (Stock Code: 09879).
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Bahrain – EXC Short Selling Guidelines
On 24 July 2024, BHR EXC issued Uncovered Technical short selling guidelines. Update to previous post: These guidelines supplement BHR EXC's Market Rules, but do not supersede the Market Rules and should be construed along with related provisions of Market Rules. Both Operational and Uncovered short selling guidelines are effective 25 July 2024.
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Egypt – FRA Listing on Stock Exchange
On 23 July 2024, EGY FRA issued Decision No. 148/2024 amending Decision 11/2014. Document dated 23 July 2024, received from EGY FRA 28 July, summarized on 30 July. Article 7 bis re Shareholding Restrictions for Special Purpose Acquisition Companies required that company's issued and paid-up capital must not be less than 10 mn EGP. Company…
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