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China Securities Regulatory Commission, Opinions on the Application of Securities and Futures Laws No.11: Opinion on the Application of Article 12 of the «Measures for the Administration of Material Asset Reorganisations by Listed Companies» Concerning the Calculation of Percentages Relating to the Purchase or Sale of the Identical or Related Assets by Listed Companies for a Continuous Period of 12 Months
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》第十二条上市公司在12个月内连续购买、出售同一或者相关资产的有关比例计算的适用意见—证券期货法律适用意见第11号

Calculation of percentages relating to the purchase or sale of the identical or related assets by listed companies for a continuous period of 12 months clarified.

Issue: April 2011

CLP Reference: 3710/11.01.17(3)

Promulgated: 17 January 2011

Keywords (click to search): asset reorganisation identical assets

Issued: January 17 2011

Main contents: Item (4) of the first paragraph of Article 12 of the Measures for the Administration of Material Asset Reorganisations by Listed Companies (the Reorganisation Measures) stipulates that if a listed company purchases or sells...

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