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HONG KONG: Hong Kong Exchanges and Clearing on Monday (Sep 21) proposed easing rules for listed companies making large deals and spin-offs, as the bourse seeks to boost the city’s appeal as a listing venue.Under a consultation paper produced by HKEX, shareholder approval for most major acquisitions, sales and other transactions would be required only when a deal equals 50 per cent or more of a company’s size, up from 25 per cent now.”This reform seeks to give issuers greater flexibility and certainty in their corporate transactions,” HKEX Head of Listing Katherine Ng said in a statement.She added that the…
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Chinese authorities actively crack down on pyramid schemes.One of China’s most notorious pyramid schemes is…
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European Union officials have used a high-level meeting in Ireland to move on from Iceland’s…
Maryland voters will get to decide in November on a congressional redistricting amendment being pushed…
COLOMBO: Sri Lanka’s main anti-graft body arrested lawmaker Namal Rajapaksa, the son of former president…
After Toronto was battered by a record-breaking snowstorm at the end of January, the Ford…
Speaking on Euronews’ morning flagship show Europe Today this Friday, Spanish EPP MEP Antonio López-Istúriz…
The Georgia cop who killed baby donkey HeeHaw claimed he shot the donkey because the…
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