|
Webb-site Serving HK since 1998 |
Search organisations Search people |
Search the site
Get our free newsletter! |
Articles: Scripless securities
China Public Healthcare (8116): shareholders veto share consolidation
Company announcement, 8-Jun-2012 Told to consolidate by the Exchange, substantial shareholders vote it down. They can still change the board lot size without shareholders' approval. Currently 5,000 shares are only $375, which means that scrip fees charged by HKEx of $1.5 per board lot are 0.4% of the purchase price. Will HKEx, as Listing Regulator, require the company to change the board lot, or will HKEx, as a for-profit company, leave the board lot low to help fee income?
Strategy for implementing straight-through processing and scripless securities market
HK Government, 14-May-2003
Report on Enhancement of Financial Infrastructure in HK
SFC, 12-Oct-1999 This is known as the "SCEFI 1" report, by the Steering Committee on Enhancement of Financial Infrastructure. |
|
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. |