State Council, Opinions on Further Optimising the Market Environment for Enterprise Mergers and Restructurings

国务院关于进一步优化企业兼并重组市场环境的意见

Examination and approval of material asset purchases of listed companies no longer required.

2 minute readApril 11, 2014 at 11:22 AM

clpstaff

& clp articles

Issued: February 13 2014

Main contents: The prior review of a listed company's acquisition report is abolished, and after-the-event accountability is strengthened. The examination and approval of the material asset purchases, sales and exchanges of listed companies is abolished (unless a backdoor listing is constituted).

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