On 25 September 2018, SFI issued a reminder to report in time to avoid penalty. SFI experiencing an increasing number of late notifications of insider dealing so reminder letters issued to companies listed on regulated market, MTF platform. Reminder to disclose required information in order to avoid receiving a penalty. Transparency Issuers on regulated market…
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Hong Kong – SFC Takeovers Table Updated
On 24 September 2018, the Securities and Futures Commission updated the Takeovers Table to reflect the offer period for Get Holdings Limited (Stock code:8100) and Pearl Oriental Oil Limited (Stock Code: 632) have been closed on 21 September 2018.
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India – SEBI Makes Further Amendment to Takeovers
On 11 September 2018, SEBI issued further amendments to rules, to change wording. Revision shall come into force, on the date of their publication in official gazette. Background On 1 June 2018 , SEBI issued rules on acquiring shares and takeovers. Substantial acquisition of shares and takeovers (amendment) regulations, 2018. Regulations come into…
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Hong Kong – SFC Short Selling Fine
The Securities and Futures Commission (SFC) has publicly reprimanded Huatai Financial Holdings (Hong Kong) Limited (Huatai Financial) 1 and fined it $800,000 pursuant to section 194 of the Securities and Futures Ordinance (SFO).
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Hong Kong – SFC Takeovers Table Updated
On 10 September 2018, the Securities and Futures Commission updated the Takeovers Table to reflect the offer period for Future Bright Mining Holdings Limited (Stock Code: 2212) was closed on 7 September 2018.
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Hong Kong – HKEX Securities For Short Selling
On 3 August 2018, HKEX updated the designated securities eligible for short selling. 25 additional securities will be eligible for short selling and 48 existing designated securities will be removed from the list. The total number will be 946 after this.
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