|
Webb-site Serving HK since 1998 |
Search organisations Search people |
Search the site
Get our free newsletter! |
Articles: HAMS proposal
Government Rejects HAMS Proposal
In a dark day for corporate governance reforms, the Hong Kong Government has rejected the HAMS Proposal to establish an investor representation group. Without enabling legislation for a levy on investors' trading, there will be no funding and no HAMS. The news comes despite widespread endorsement from market participants who want investor representation, rights enforcement, and a higher quality market. (24-Apr-2002)
Campaigning in Hong Kong to stop abuses by controlling shareholders
International Herald Tribune, 8-Dec-2001
Widespread Support for HAMS Proposal
Webb-site.com is delighted to be publishing today the HAMS endorsement list. The list is an unprecedented multi-lateral show of support for a policy proposal in the Hong Kong financial markets. The Government expressed openness to the idea, and now the market has spoken, loud and clear. HAMS is an essential element of the future quality and success of our capital markets, and in turn our financial services sector, the core of our service-based economy. Now, it is up to the Government to proceed. (3-Sep-2001)
HAMS - Representing Minority Shareholders
Webb-site.com outlines our proposal for filling the vacuum of shareholder activism in Hong Kong. Investor rights are only of value if shareholders exercise them, and we explain how HAMS - the Hongkong Association of Minority Shareholders, would lobby for those rights, exercise them on members' behalf in quasi-class actions, and through Corporate Governance Ratings, incentivise good governance and deter shareholder abuse. Hong Kong can only maintain its regional financial market status and economic competitiveness if this void is filled. We'll also tell you how you can help. (4-Mar-2001) |
|
Sign up for our free newsletter Recommend Webb-site.com to a friend Important notice: All material on this site, except where otherwise accredited, is copyright to Webb-site.com. Media and researchers are welcome to quote from articles on this site, provided that such quotation is attributed to Webb-site.com. The information in this site should not be relied upon by any person in making any investment decision. No responsibility or liability is accepted by Webb-site.com or any person related to it for any loss arising from or in reliance upon the whole or any part of the contents of this site. Persons who are in any doubt about an investment or potential investment should take professional investment advice. From time to time parties associated with Webb-site.com may own long or short positions in securities issued by or related to companies or governments on which we comment. |