On 12 November 2018, Thailand TSC refined definition of major shareholder. Amended the definition of major shareholders so "Number of shares with voting rights" means the "number of voting rights" from this date to improve clarity. "Major Shareholder" means a person who holds shares in a securities company, whether directly or indirectly, more than 10%…
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Hong Kong – SFC Major Shareholding Announcement
One 30 October the SFC announced a high concentration of shareholding in Furniweb Holdings Limited (Stock Code: 08480)
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China – SZSE Major Shareholding, Repurchase
On 16 October 2018, SZSE issued shareholding increase, repurchase guides. Issued Announcement Format of Shareholding Increase Plan and Implementation of Major Shareholders, Directors, Supervisors, Senior Executives of Listed Companies. Refined disclosure requirements on subject, content, and implementation status of shareholding increase where a shareholding increase plan is voluntarily disclosed. Also the Announcement Format of Share…
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Hong Kong – SFC Reports Major Shareholding
On 11 October 2018 the SFC reported a high concentration of shareholding in Zhaobangji Properties Holdings Limited (Stock Code: 1660)
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Italy – CONSOB AIF Shareholding Paper
On 24 September 2018, Consob issued paper on hedge fund shareholdings. Harmonization of regulations on collective investment schemes (CIS), with UCITS regulation, AIFM directive, has expanded the area of operation of asset managers. Alternative investment funds are emerging as increasingly relevant shareholders. In light of such market development, the paper explores the interaction of the…
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Sweden – SFI Securities Trade Reporting
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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