Where after specified parties purchase the non publicly issued shares of the listed company with cash or assets, the listed company purchases assets from the specified parties using the money raised from the same non public issuance, the listed company is deemed to purchase assets through issuing shares.

Purchases of assets through issuing shares by listed companies shall comply with provisions of the Measures.

Article 41 The listed company shall meet the following requirements when purchasing assets through issuing shares

Article 46　After the CSRC s approval of the listed company s application for the purchase of assets through issuing shares, the listed company shall start execution in a timely manner.

If the specified parties hold or control over 30 of the shares of the listed company or the percentage continues to increase after 30 due to their purchase of the shares issued by the listed company, and the general meeting of the shareholders of the listed company agree to exempt the specified parties from sending the offer, the application for the exempt of the offer obligation can be made together with the listed company s application submitted to the CSRC for the issuance of shares.

Article 45 If the listed company s purchase of assets through issuing shares causes the specified parties to hold or control shares that reach the legal percentage, relevant obligations should be performed according to the Measures on Administration of the Acquisition of Listed Companies (Order of the CSRC No.35).

2 The specified parties have obtained the actual controlling right of the listed company through the purchase of the shares issued this time

The income gained by a listed company from the deduction of state owned shares it holds shall be dealt with under the provisions of the State Council.

Where the listed company intends to conduct material assets reorganization stipulated in items (1) and (2) of Clause 1 of Article 27 and to issue shares for the acquisition of assets, the profit forecast report of the listed company shall also be provided.

Article 44 The listed company s application for issuing shares to purchase assets shall be submitted to the Review Committee of Merger, Acquisition and Reorganization for examination and verification.

Recently, the China Securities Regulatory Commission (CSRC) announced that it has stepped up its supervision on the use of high yields and transfer of large capped shares, the lifting of restricted shares and the long term absence of cash dividends by some listed companies.

Shares

Shares

Shares

It was clarified that the direct investments made by the foreign investors from their allocated profits included the equity investments made by the foreign investors from their allocated profits, such as capital increase, new construction, and share acquisition, but excluded the new shares, turning point increase shares, and acquisition of shares from the listed companies except the eligible strategic investments.

Friend Shares

Windows Shares

Samba Shares

Windows Shares

Shares View

Shares Toolbar

Remount shares

Buy shares

Sell shares

Add shares

Remove shares

Split shares

1,000 shares?

3 The assets purchased by the listed company through issuing shares shall be operational assets whose ownership is clear, and the transfer of ownership can be completed within the agreed time period.

Until the reforms that began in 2005, two thirds of shares were non tradable and held by state owned enterprises (SOEs) or legal persons, which are typically state controlled entities. Indeed, private firms still comprise a minority of China s listed companies, though today fewer than 30 of shares cannot be traded.

Select your timezone from the list of locations on this drop down box. If your city is not listed, select one which shares the same timezone. KOrganizer will automatically adjust for daylight savings.

Show printer shares

Show hidden shares

...my burden shares?

Article 42 The price of the shares issued by the listed company shall not be lower than the average trading price of the company s stocks over the 20 trading days prior to the day of the public announcement of the decision of the board of the directors on purchasing assets through issuing shares.

Where the listed company does not meet the requirements for public issuance of securities before the material assets reorganization, or the material assets reorganization results in the change of the actual controller of the listed company, the listed company can only apply for public issuance of new shares or company bonds at least one complete fiscal year from the completion of the material assets reorganization.

According to the estimates of China Merchants Securities, deducted from the shares, CSFC will hold another 38 million shares of Pudong Development Bank in the second quarter and raise its shares to almost 600 million shares, which account for 2.77 of the bank shares.

The prospectus showed that before the A share issuance this time, the total equity of PICC was 42.424 billion shares. Assuming that the A shares were issued for 4.599 billion shares and did not exercise the option of excess allotment, after the A share issuance, the total equity of the Group would not exceed 47.023 billion shares, of which the A shares would not exceed 38.296 billion shares, and the H shares would not exceed 8.726 billion shares.

The PICC (1339.HK) has submitted an application to the CSRC on September 29 last year, planning to issue up to 4.599 billion A shares and willing to be listed on the Shanghai stock exchange.

Nobody's seen this yet, publicly.

Then I invited them publicly.

Then I invited them publicly.

OIOS shares that view.

Spain shares this goal.

Collections on Network Shares