波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒

New provisions to improve prospectus regime
(CRIENGLISH.com)
Updated: 2004-10-10 15:41

Hong Kong will implement a law amendment designed to simply procedures for companies going public through an initial public offering.

A Hong Kong government spokesperson has announced that December 3, this year will be the commencement date for the prospectus-related provisions of the Companies Amendment Ordinance 2004.

The provisions on prospectus -- a document giving details of a share offer for prospective buyers -- are expected to help ease a company's compliance burden and accommodate new offering structures and offering methods in the issuance activities of the local capital market.

Major improvement measures contained in the ordinance include exempting 12 types of offers from the prospectus regime such as offers to "professional investors" and offers to no more than 50 people.

The changes to the prospectus regime are the second phase of a three-phase exercise to review the existing regulatory framework in Hong Kong for offers of shares and debentures.

Close