Amendments to the Connected Transaction Rules of the Hong Kong Stock Exchange Listing Rules
Mondaq Business Briefing › Hong Kong Law Articles in English (2010)
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Amendments to the Connected Transaction Rules of the Hong Kong Stock Exchange Listing Rules
In May 2010, the Hong Kong Stock Exchange (the "Exchange") released its Consultation Conclusions on proposed changes to connected transaction rules which included a review on the definition of connected person, provided exemptions for connected transactions which are immaterial or involve persons not in a position of significant influence, etc. The proposal did not exclude persons connected at the subsidiary level from the definition of connected person, and the connec...
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