Shanghai Stock Exchange, Implementing Guidelines on Affiliated Transactions of Listed Companies
上海证券交易所上市公司关联交易实施指引
Affiliated transactions at a premium price require stringent disclosure and decision-making procedure.
Issue: May 2011
CLP Reference: 3700/11.03.04/SH
Promulgated: 04 March 2011
Effective: 01 May 2011
Keywords (click to search):
affiliated transactions
listed companies
Issued: March 4 2011
Effective: May 1 2011
Interpreting authority: Shanghai Stock Exchange
Main contents: Legal persons and other organisations holding 10% or more of shares in a listed company’s controlled subsidiary that has a major impact on its parent company shall be deemed affiliated legal persons of the listed company (Article 8).
Affiliated transactions of a listed company include the financial assistance and security it provides to the company...
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