Decision on the Revision of Article 62 and 63 of the Administrative Measures for the Takeover of Listed Companies
Decision on the Revision of Article 62 and 63 of the Administrative Measures for the Takeover of Listed Companies
Decision on the Revision of Article 62 and 63 of the Administrative Measures for the Takeover of Listed Companies
Order of the China Securities Regulatory Commission No.77
February 14, 2012
The Decision on Revision of Article 62 and 63 of the Administrative Measures for the Takeover of Listed Companies has been deliberated and adopted at the 11th president executive meeting of the China Securities Regulatory Commission on December 29, 2011, which is hereby promulgated and come into force on March 15, 2012.
Chairman of the Securities Regulatory Commission: Guo Shuqing
Decision on the Revision of Article 62 and 63 of the Administrative Measures for the Takeover of Listed Companies
Article 1 Article 62 shall be revised as "Under any of the following circumstances, the purchaser may apply to the CSRC for exemption from making an application for increasing the holding of shares by offer:
1. where the purchaser and the transferor can prove that the transfer in question has not resulted in the change of the actual controllers of the listed company;
2.
......
Order of the China Securities Regulatory Commission No.77
February 14, 2012
The Decision on Revision of Article 62 and 63 of the Administrative Measures for the Takeover of Listed Companies has been deliberated and adopted at the 11th president executive meeting of the China Securities Regulatory Commission on December 29, 2011, which is hereby promulgated and come into force on March 15, 2012.
Chairman of the Securities Regulatory Commission: Guo Shuqing
Decision on the Revision of Article 62 and 63 of the Administrative Measures for the Takeover of Listed Companies
Article 1 Article 62 shall be revised as "Under any of the following circumstances, the purchaser may apply to the CSRC for exemption from making an application for increasing the holding of shares by offer:
1. where the purchaser and the transferor can prove that the transfer in question has not resulted in the change of the actual controllers of the listed company;
2.
......