Brand new modified Hong kong List Rules and you can related guidance implementing the new offered paperless listing program will come with the effect on . Hong-kong Stock-exchange (HKEX) published their basic faqs (FAQs) on the subject into , which was current towards the 13 December. So it LawFlash info fundamental information and reminders getting indexed issuers about required digital dissemination off corporate correspondence beneath the the newest paperless record regimen.

Which are the Secret Change?

• Listed issuers must disseminate business telecommunications on the bonds owners electronically if this is enabled by the its applicable guidelines and the constitutional data files.
• The existing concur system could be got rid of and you may listed issuers (to the extent permitted from the legislation relevant to help you all of them, age.grams., applicable to issuers incorporated from the Cayman Countries, Bermuda, PRC, otherwise Singapore) can also be rely on designed agree to possess digital dissemination of business interaction without having to search agree out-of for every single holder directly and posting separate announcements so you’re able to holders each time a special business communications (besides Actionable Corporate Correspondence) try composed. (more…)