Home> Living in Guangdong> Law> Law News
The Mergers and Reorganization of Listing Corporation to be Implement Parallel Examination and Approval
2014-November-14 Source: Newsgd.com
Text Size: A A A | Print | Share by E-mail:

On October 24, 2014, the Ministry of Industry and Information Technology, the Security Commission, the Development and Reform Commission, the Ministry of Commerce jointly issued the Listing Corporation Merger and Reorganization of Administrative Licensing Parallel Examination and Approval Work Scheme (hereinafter referred to as the "Scheme").

According to the Scheme, three approvals, including the approval and filing of overseas investment project implemented by the Development and Reform Commission, the approval and examination on foreign investor strategic investing the listing company and concentration of operators implemented by the Ministry of commerce, are no longer as a precondition when the Security Commission exanimate and approve listing Corporation merger and reorganization. It is , changed into parallel approval. The other relevant approvals of listing company merger and reorganization, such as the security review regarding the merged by foreign investor, are still executed according to the existing regulations and not be adjusted. The Scheme also rules the way and implementation time on parallel examination and approval.

(This information is provided by Lawyer Kelly Xie from Guangdong KaiTong Law Firm in friendship. It is not any legal opinion or legal grounds addressed to any organization or individual. For inquiry, please contact Kelly via email at Kelly_xie@ktlf.com.cn or by phone on 13926185641.)

Editor: Sunny
Related News
This site contains material from other media for content enrichment purpose only. The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement. The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content. For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
Home | About Us | Contact Us | Southcn.com
www.newsgd.com registered number 020074 | ICP Certificate No.B2-20050252