On 4 May 2023, TAI PRL reported Securities and exchange act passing 3rd reading. After the revision, no matter whether it is alone or in name of others/spouse/children with total substantial shareholding more than 5% shares of listed company, it must be disclosed. Further disclosure is required for every 1% increase in shares of the…
Read more
About: Anna Monteiro
Recent Posts by Anna Monteiro
8 May 2023 – Norway FI Fines 6 for Illegal Short Selling
Norway FI Fines 6 Companies for Illegal Short Selling
Read more
France – CMP Takeover of Smartbox Group
On 2 May 2023, FR CMP announced in-depth investigation of acquisition. FR CMP announced an in-depth investigation re takeover of Smartbox by Wonderbox. Acquisition's Parties Wonderbox group notified its plan to acquire the Smartbox group on Mar. 24, 2023. The buyer, the simplified joint-stock company Wonderbox, is controlled exclusively by the company W Group and…
Read more
United States: For the SEC, It’s Groundhog’s Day
Flashback: April 2022, the SEC had just closed their comment period for SEC file S7-06-22, release numbers 33-11030; 34-94211 titled the Modernization of Beneficial Ownership... Read the full article.
Read more
S Korea – FSS Action Against Short Selling
On 2 May 2023, SK FSS issued a plan to eradicate illegal short selling. SK FSS said it will dispel investors' distrust in short selling by expanding investigations on unfair short selling transactions, active inspection of malicious naked short selling. Follows SK FSC December 2020 updated passage of bill re illegal short selling. Measures Will…
Read more
U.S. – Short Selling Specialist Targets Icahn Enterprises
Short selling specialist Hindenburg Research has revealed it has taken out a wager against Carl Icahn's Icahn Enterprises after alleging that the business has inflated the value of its investments and is running a "Ponzi-like economic structure" structure.
Read more
Recent Comments by Anna Monteiro
No comments by Anna Monteiro yet.