China's new Takeover Code imposes stringent information disclosure requirements and clarifies rules to make the acquisition process more efficient.
October 02, 2006
Mergers and Acquisitions
The Provisions add extra regulation by installing a more transparent and tightly controlled administration system and imposing additional requirements for foreign exchange registration.
October 02, 2006The Provisions underline the PRC's concern over inbound M&A activities. It adds extra regulations to the administration system, determination of qualified FIEs, certain M&A activities, and foreign exchange registration.
October 02, 2006From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the…
September 02, 2006Under the revisedMeasures for the Administration of the Takeover of Listed Companies(上市公司收购管理办法), which becomes effective on September…
September 02, 2006Prohibits direct offshore ownership structure, guaranteed fixed returns for foreign-invested real estate enterprise, and heightens scrutiny in the area of equity interests transfer and merger & acquisition in real estate-related industry.
September 02, 2006By Liu [email protected] www.sullcrom.comA publicly-listed company is typically managed or controlled by a board of directors. The success…
July 02, 2006By Liu [email protected] www.sullcrom.comA longstanding dominant feature of the People's Republic of China's (PRC) stock market is that a listed…
June 02, 2006By Liu [email protected] www.sullcrom.comThe Measures for the Administration of the Takeover of Listed Companies (the Takeover Measures) and…
March 31, 2006While it maintains the existing distinction between partial and full foreign-invested enterprise status, the Measures have new stipulations on investor qualifications, share transfer regulations, general offer requirements, corporate procedures and methods of acquisition payment.
January 31, 2006