China Securities Regulatory Commission, Measures for the Administration of Material Asset Reorganizations by Listed Companies
中国证券监督管理委员会上市公司重大资产重组管理办法
Threshold for recognition as material asset reorganizations raised.
Date:
June 2008
CLP Reference: 3710/08.04.16(1)
PRC Reference: 证监会令第53号
Promulgated: 16 April 2008
Effective: 18 May 2008
Keywords (click to search): [material asset reorganization] [major asset restructuring] [purchase or sale of assets] [controlling interest] [merger] [acquisition] [M&A]
Promulgated: April 16 2008
Effective: May 18 2008
Applicability: These Measures shall govern asset transactions by listed companies and by the companies in which they have a controlling interest or which they control that involve the purchase or sale of assets outside the normal course of business activities or asset transactions carried out by other means and that reach a prescribed percentage and, as a result, cause a material change in the core business, assets and/or revenue of the listed companies (Material Asset Reorganization)....
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