On 15 January 2025, the SFC published a substantial shareholding notification for GL-Carlink Technology Holding Limited (Stock Code: 02531). Substantial shareholding disclosure announcement
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India – SEBI Proposes to Increase Criteria for Shareholding Disclosure
On 10 January 2025, IND SEBI proposed to increase size criteria on disclosure. IND SEBI proposed to increase size criteria under additional disclosure framework. Follows IND SEBI August 203 issued circular on additional disclosures by FPIs. Proposal Threshold for equity assets under management (AUM) requiring additional disclosures proposed to be upped to INR 50k crores,…
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Spain – GVT Takeover Bids in MTS Rules
On 8 January 2025, ESP GVT consulted on draft RD to amend RD 1066/2007. ESP GVT issued draft RD to amend RD 1066/2007 on regime of public offers (OPAs) for acquisition of securities, to extend its application to multilateral trading systems (MTS). Follows ESP GVT March 2023 published Law 6/2023 on securities markets. Overview RD…
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S Korea – FSS Short Selling Firm Registration
On 6 January 2025, SK FSS announced launch of registration number issuance. SK FSS said it would start the issuance of a registration number for large-scale short selling companies from 7 January 2025, as part of the short selling computerization plan. Follows SK FSC June 2024 launched short sale reform measures. Also follows SK FSS…
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Pakistan – SEC Representation of Unitholders RE: Shareholding
On 6 January 2025, PAK SEC directed re safeguarding unitholder proxy rights. PAK SEC released direction (of Jan. 1) on Requirements related to conduct of asset management companies (AMCs) representing unitholders of collective investment schemes (CIS) in listed companies' general meetings, about safeguarding proxy rights. General Meeting Requirements AMCs are encouraged to attend all general…
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Hong Kong – SFC Updates Takeover Table
On 5 January 2025, the SFC updated its Takeover table to reflect the following: the offer period closed for China Boqi Environmental (Holding) Co., Ltd. (Stock Code: 2377) on 3 January 2025. Visit SFC Takeover Table
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