State-owned Assets Supervision and Administration Commission of the State Council, Circular on Matters Relevant to Regulation of Asset Re-organisation of Listed Companies Carried out by State-owned Shareholders

国务院国有资产监督管理委员会关于规范国有股东与上市公司进行资产重组有关事项的通知

Asset re-organisation of listed companies carried out by state-owned shareholders requires advance approval before information disclosure.

2 minute readSeptember 04, 2009 at 12:58 AM

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& clp articles

Issued: June 24 2009

Applicability: The phrase “asset re-organisation of listed companies carried out by state-owned shareholders” refers to the injection, purchase or replacement of assets by state-owned shareholders or potential state-owned shareholders (entities that become a state-owned shareholder of the listed company upon such asset re-organisation

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